Search for: "THE SETTLEMENT CLASS"
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22 May 2015, 10:23 am
Fee Awards in Settlement of Class and Derivative Actions The court recites the six factors that are applied to determine the “adequacy of the settlement consideration. [read post]
4 Jan 2011, 5:03 am
The Fifth Circuit (pdf) has rejected a proposed limited fund class settlement in a piece of the Katrina related litigation. [read post]
12 Dec 2013, 12:09 pm
”While the settlement process in this case was not deemed to provide sufficient access to justice, Zarnett points out the judgment explicitly states each settlement must be evaluated in context, on a case-by-case basis.That leaves open the possibility another settlement — perhaps one that provides satisfactory restitution, or where victims of misconduct are allowed some form of participation — will deem it preferable and preclude the need for a… [read post]
15 Mar 2024, 5:09 am
Cy pres, a French term meaning “as close as possible,” involves distributing the leftover settlement funds to third-party charities or nonprofit organizations that indirectly benefit the class members or support issues related to the lawsuit’s nature. [read post]
12 Mar 2018, 1:16 pm
The $80 million proposed settlement relates to a securities class litigation stemming from Yahoo’s 2013 and 2014 data breaches. [read post]
24 May 2010, 3:40 am
Minn.) has issued an order of preliminary approval of a class action settlement in this case, filed in late 2008, arising out of a tuberculosis outbreak at the Ramsey County Workhouse. [read post]
19 Apr 2022, 8:59 am
Class Actions by Employment Law Clinic End in $9.2 Million Settlement for Black Educators beckygillespie Tue, 04/19/2022 - 10:59 Read more about Class Actions by Employment Law Clinic End in $9.2 Million Settlement for Black Educators Law360 Dave Simpson Chicago Education Board To Pay $9.2M In Race Bias Suits [read post]
12 Mar 2018, 1:16 pm
The $80 million proposed settlement relates to a securities class litigation stemming from Yahoo’s 2013 and 2014 data breaches. [read post]
3 Jun 2014, 9:05 pm
Seventh Circuit Judge Richard Posner savaged a district court for approving a class action settlement that paid lead class counsel an $11 million fee while providing class members with benefits worth, in Judge Posner's reckoning, no more than $8.5 million. [read post]
4 Oct 2019, 5:07 am
The settlement established a fund of more than $10 million for the class, which included at least 2,800 professionals. [read post]
17 Mar 2021, 2:45 pm
The Securities-Class-Action-Settlements-2020-Review-and-Analysis Report is available at Cornerstone.com [read post]
19 Dec 2016, 11:05 am
Is it 15 pages, or 20 pages, given that motions for preliminary (or final) approval of class action settlements discuss certification of a settlement class? [read post]
12 Oct 2015, 6:02 am
” The email told recipients about a proposed class action settlement in Perkins v. [read post]
26 Oct 2012, 6:45 am
A proposed settlement of a national class-action lawsuit should make it easier for people with chronic conditions and disabilities to qualify for Medicare coverage for home healthcare services, skilled nursing care, and therapy. [read post]
7 Jan 2022, 7:42 am
The settlement value of the top 10 ERISA class actions climbed sharply in 2021. [read post]
30 Nov 2011, 5:00 am
Nov. 21, 2011), the Ninth Circuit confirmed the propriety of cy pres distributions in class action settlements, but rejected the particular cy pres distribution plan before it: The cy pres doctrine allows a court to distribute unclaimed or non-distributable portions of a class action settlement fund to the “next best” class of beneficiaries. [read post]
10 Aug 2015, 8:03 am
First, the class definition in the litigation and which is used by the court in approving the settlement is hugely important. [read post]
17 Nov 2011, 5:00 am
The court described the basic settlement terms as follows: As part of the settlement, class members forfeit their right to participate in class action lawsuits against AHS and instead must pursue any future claims in individual lawsuits. [read post]
19 Jan 2015, 6:41 am
Jan. 8, 2015) involved a $490 million securities class action settlement . [read post]
8 Dec 2011, 3:31 am
Owing to the unusually large settlement fund of $90 million, class counsel was awarded 18 percent of the settlement fund in fees, rather than the usual 33 percent. [read post]
