The Hamilton Lincoln Law Institute successfully represented an objector challenging a proposed settlement to the extent the court exercises the option to divert all or part of the $37 million fund to third parties rather than to the class.
HLLI represents its director, Theodore H. Frank, in objecting to a purported “$15 million settlement” that in fact delivers perhaps $2 million to class members, and earmarks $3.2 million for attorneys’ fees.
Theodore H. Frank moved to intervene and reopen a shareholder derivative settlement approved in February, which would destroy at least $125 million in shareholder value.
HLLI represents an objector challenging the fairness of a settlement that pays class counsel $76,500,000 in attorneys’ fees, and deducts $5 million more in expenses and service awards, well above the standard 25% benchmark, and much higher than the 15-20% expected in a settlement of this size.
HLLI challenges the Department of Labor’s rule undermines key protections for retirement savings of 152 million workers in the name of promoting environmental, social, and governance (“ESG”) factors in investing over the rigid duty of loyalty and prudence that plan fiduciaries owe to plan investors.
HLLI challenges the fairness of a settlement that pays class counsel over 80% of the settlement fund, with only a few hundred thousand going to class members.
HLLI filed suit on behalf of Doctors Michael Couris and Michael Fitzgibbons challenging a California state law that restricts doctors’ First Amendment free speech rights by threatening disciplinary action against their license for discussing with patients anything about COVID-19 that the State views as “misinformation.”
Hamilton Lincoln Law Institute represents an objector challenging the fairness of a settlement that pays $1.4 million to the class and over $4 million to the attorneys.
HLLI successfully represented an objector to a class action settlement where requested attorneys’ fees and expenses equaled to more than 33% of the settlement fund. Worse, the primary settlement relief is fraud insurance services for events that occurred 3-6 years ago, offered to a class where over 90% of the members already have had related services made available to them in other data breach settlements.
Theodore H. Frank filed an objection to coupon settlement that will provide $5 vouchers to class members who allegedly purchased sunscreens with excessive carcinogenic benzene, while providing attorneys with $2.6 million in fees that defendants have agreed not to oppose.
