Objector to $10M Target Breach Deal Fails to Sway Judge
"Although these class members had their financial data stolen, they are releasing future-damages claims against Target in exchange for nothing," Holyoak said.
Judge Will Allow Class To Object To $75M State Street Fees
A Massachusetts federal judge credits the Center for Class Action Fairness with helping him "evolve" his thinking on a complicated and controversial class action case.
Thornton Law, others to pay $2m for probe of their bills
“It’s ironic, because any corporation caught telling investors something this misleading would surely face litigation from Labaton and Thornton,” Frank said after the hearing.
Attorney fees clipped, class awards tripled under new deal to end Southwest drink voucher class action
“The settlement was unfair because the attorneys' fees award was grossly disproportionate to the relief actually delivered to the class, Holyoak said. "Before the Center for Class Action Fairness objected, the plaintiffs’ attorneys were to receive $2.11 million, while the class members would have received $412,815 in coupons.”
Judge Launches Investigation Into Law Firms’ Inflated Bills
“The judge is anticipating a real investigatory role for the special master. There’s $2 million in the pot – there’s no incentive to do a brief, perfunctory investigation.”
A federal judge is the latest to scrutinize Thornton Law
“This is very serious,” said Frank, a leading national critic of legal fees in class-action lawsuits. “The judge is anticipating a real investigatory role for the special master.”
Eighth Circuit reverses, remands $10 million settlement in Target data breach class action
“Over 99 percent of the Target data breach class gets nothing in this multi-million-dollar settlement, so we are glad that the Eighth Circuit recognizes that the district court cannot rubber-stamp settlements where class counsel cuts corners on procedural fairness so they can get paid quickly and generously,” said Melissa Holyoak, an attorney with the Competitive Enterprise Institute’s Center for Class Action Fairness.
Google Pays $5.5M To No One: Cy Pres Problems & Expert Cures
The National Law Review reports on the Center for Class Action Fairness's objection to a Google class action settlement. Class members claim Google used computer code to circumvent privacy settings, allowing advertisers and third parties to track their cookies and browsing activities. In settlement, Google offered to pay $5.5 million to a handful of internet technology and privacy rights institutions for internet privacy research. Class counsel agreed. With all advocates on…
Public-interest firm calls $5.5 million settlement with Google over privacy settings ‘unacceptable’
The center argues in its filing that class members “will see not one penny.” “This settlement exemplifies the problem of class action attorneys behaving as if they have no clients other than the general public,” Adam Schulman said in a statement. “It is unacceptable to propose a settlement that waives class members’ rights yet provides them absolutely nothing in return.”
Boston Globe Exposes Cost Inflating Class-Action Attorneys
“This happens all the time,” said Frank. “Lawyers pad their bills with overstated hourly work to make their fee request seem less of a windfall.”
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