The plaintiffs and defendants each filed their briefs yesterday in the $0-for-the-class and $800k-for-the-attorneys settlement. Note that defendants were required to pay $1M in notice costs. Yet still, there were class members who did not hear of the settlement until my Overlawyered post publicizing it–a post that comes in for some ad hominem criticism in the plaintiffs’ briefs, a classic case of pounding the table.
