William Chamberlain said the settlement offered little more to consumers than a 22-word statement set to be posted on a seldom-viewed Facebook help page. Chamberlain also objected to the more than $3.8 million in fees and costs the plaintiffs' legal team requested for its work.
Washington Examiner cites Anna St. John's piece on a class action suit involving the Metropolitan Museum of Art and how similar suits can harm cultural institutions. ... Cultural institutions harmed by lawsuits Anna St. John for the Competitive Enterprise Institute: A New York trial court recently approved a class-action settlement in a case filed against the Metropolitan Museum of Art based on its allegedly deceptive admissions policy. The settlement requires the Met…
Not only did class counsel make no effort to distribute any money to the class here, but there are obvious conflicts of interest associated with the cy pres recipients, Frank asserted, noting that Google is a regular donor to four of the entities and co-lead class counsel Brian Strange is board chairman of another, Public Counsel.
In an objection filed Monday, class member Anna St. John, an attorney for a class action fairness group, said the deal unfairly enriches the attorneys involved and offers users only a scant, 22-word temporary change to one of Facebook's help pages.
"Cynical." That's the descriptor lawyers at the Competitive Enterprise Institute's Center for Class Action Fairness used to describe a proposed no-cash deal Facebook Inc. reached to settle a privacy class action earlier this year.
"Although these class members had their financial data stolen, they are releasing future-damages claims against Target in exchange for nothing," Holyoak said.
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.
“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.
“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.”
“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.”
