In re Johnson & Johnson Shareholder Derivative Litigation
The Center for Class Action Fairness is putting that question to the test by asking the District of New Jersey to dismiss shareholder litigation that makes cosmetic changes to corporate governance, and then presents a $10.45 million bill to shareholders—150% of the already high "lodestar"—for the involuntary consulting arrangement
Facebook Allies Accused Of Profiting From Suits Against It
“If Facebook is already giving money to these charities, then this isn’t a “$10 million settlement,” it’s just a change in accounting entries,” he said.
Two July 31 wins for the Center
On July 31, district courts substantially reduced attorney fees in two class action settlements where Center for Class Action Fairness attorneys objected. In the Nutella litigation in the District of New Jersey, Judge Wolfson agreed with our objection that the parties overstated the value of the injunctive relief, and reduced the fee award from $3,725,000 to $1,125,000. More discussion at Point of Law. And in the remand of the Bluetooth class action settlement in the Central District of…
In re Baby Products update
Briefing is complete, and oral argument will be some time in the second half of September. Details at Point of Law.
Victory in the Seventh Circuit
CCAF is now 4-1 in federal appeals, which is remarkable, given that CCAF-affiliated attorneys represent the appellant in each case and there are rarely as many as four reversals of class action settlement-related district court opinions in a single year from all objectors combined.
Victory in Dewey v. Volkswagen!
The Center for Class Action Fairness LLC announced today its victory in the U.S. Court of Appeals for the Third Circuit objecting to a class action settlement that arbitrarily froze out over a million class members from meaningful recovery while paying the attorneys over $9.2 million.
Cy pres in the First and Third Circuits
Coincidentally, the same day, the Center for Class Action Fairness filed its opening brief relating to the yet-to-be-proposed multi-million-dollar cy pres distribution in In re Baby Products.
March Updates
If you listen to one oral argument from March 27, well, I have to say that you need to listen to Paul Clement's performance in HHS v. Florida. But if you have time for a second oral argument, and you have a hankering for Third Circuit class action action, I'd be curious about your thoughts of the argument in Dewey v. Volkswagen. See also. Following up on our earlier post, the Third Circuit denied the motion for…
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