Posts Tagged ‘class action settlements’

February 3 roundup

Update: “Judge declares Adorno violated Bar rules”

“Adorno & Yoss founding partner Henry Adorno violated professional rules by orchestrating a $7 million class action settlement that benefited only seven people rather than all Miami taxpayers, a judge ruled Friday in a disciplinary case brought by The Florida Bar.” However, a Broward County judge ruled there was not enough evidence to support a charge that Adorno misled a judge about the settlement, on an unconstitutional city fire fee. [Daily Business Review; earlier here, here, and here] Update: judge recommends reprimand.

December 29 roundup

  • “Trial lawyer group hails Senate health care bill as ‘stunning victory'” [Point of Law]
  • Christopher Hitchens on our leaders’ absurd reaction to the attempted plane bombing [Slate] More: Stewart Baker on the security challenges [first, second]; Mark Steyn [first, second]
  • Lots of coverage for Ted Frank’s Center for Class Action Fairness and its objection in a Yahoo! settlement [Zywicki/Volokh, Stier/Mass Tort Lit, CCAF, Turkewitz; Drum] And the Center has also filed objections in an AOL settlement of claims arising from advertising copy placed in the footers of emails;
  • Sad: “Texas Man Freed by DNA Sues Over ‘Excessive’ Attorney Fees” [AP/Law.com]
  • Litigious creationists: promoters of “intelligent design” back in court yet again [L.A. Times via WSJ Law Blog]
  • “One Possible Class-Action Defense Strategy: Disappear and Live in a Tent” [Lowering the Bar]
  • “Softballer can’t slide, wants money” [Elie Mystal, Above the Law; Queens, N.Y.]
  • Litigators advised to use social media to snoop on players in their cases [Trial Lawyer Tips]

Gene Cauley gets seven years

The Arkansas plaintiff’s lawyer says he was too embarrassed to make layoffs as his finances turned sour, which is why he stole the $9.3 million in class-action settlement funds [WSJ Law Blog, ABA Journal] Earlier here, here, and here.

More from Kevin LaCroix:

An earlier WSJ.com Law Blog post reported (here) that Cauley was in fact a protégé of Bill Lerach. Today’s article on Bloomberg (here) about Cauley’s criminal sentencing notes that Cauley joins a growing list of plaintiffs’ securities class action attorneys who have “been jailed for felonies,” including Bill Lerach himself and his former law partners, Mel Weiss, Steven Schulman and David Bershad, and including even Marc Dreier.

These gentlemen of course made their living for many years accusing corporate officials of fraud. Ahem. Yes, well…isn’t ironic, don’t you think?

CPSIA chronicles, October 19

More background reading on the Draconian consumer product safety law:

  • Fear of losing even more high-quality German toy suppliers [Kathy + Matt Take Milwaukee]
  • Mattel will pay $13 million to 20 plaintiff’s firms TheTown2to resolve class action over toy recalls; claimed value of settlement to class (vouchers, etc.) is something like $37 million [National Law Journal, Coughlin Stoia release; earlier] Note also Rick Woldenberg’s March analysis of one recall (recall of 436,000 units premised on two cans of bad paint).
  • New law “has added several new tasks [to the CPSC], many of which most charitably can be described as marginal in the overall pursuit of product safety that will divert staff and financial resources from more important safety issues.” [attorney Michael Brown, quoted at Handmade Toy Alliance Blog]
  • Alarmist reporting on Boston’s WBZ affords a glimpse of MaryHadLamb2“the scary people behind the law” [Woldenberg]
  • Effort to help move blogger Kevin Drum up the CPSIA learning curve [Coyote]
  • “The “Resale Round-up,” launched by the CPSC, finally limits the power of these merchants of death who recklessly barter second-hand toys to unsuspecting civilians at low prices…. The only question now is how did any of us survive this long?” [David Harsanyi, Denver Post]
  • Among its other effects, the statute “will boost opportunities for mass-tort suits” [Crain’s Chicago Business]
  • Law’s “continuing disaster for small business” illustrates MaryHadLamb3difference between crony capitalism and the real kind [James DeLong, The American, with kind words for a certain “indispensable” website that’s covered the law]

PUBLIC DOMAIN IMAGES from Ethel Everett, illustrator, Nursery Rhymes (1900), courtesy ChildrensLibrary.org.

Yogurt marketing class action settles

Russell Jackson on Dannon’s proposed deal to resolve class action lawsuits (see Jan. 24, 2008) over its promotion of its Activia and DanActive lines as beneficial to health:

The proposed settlement also contains “equitable relief” in the form of restrictions on advertising and labeling. Reading these so-called restrictions, I am struck by the fact that the statements challenged in these lawsuits clearly were not false. Indeed, if I were still teaching my Product Liability course, I would ask my students to study this settlement and tell me whom they trust the most to issue restrictions on speech based on the results of scientific research: lawyers (as here), judges, juries, or scientists employed by regulatory bodies.

Lawyers want $10 million plus expenses, while Dannon’s outlays will depend in part on how many consumers file claims (via Calif. Civil Justice).

P.S. Should have caught this before: Ted discussed this case yesterday at his Center for Class Action Fairness blog.

September 28 roundup