Reuters covered a federal judge rejecting a proposed settlement that would award $170 million in attorneys fees, quoting Hamilton Lincoln Law Institute’s Ted Frank.
The rejection of a proposed class action settlement in the preliminary stages is relatively rare, class action experts told Reuters.Brodie’s decision cannot be appealed, and even if it could, it would be difficult to overturn given her findings, said Ted Frank of the Hamilton Lincoln Law Institute, who is known for bringing objections to class action settlements.“You wouldn’t be able to show that it’s clearly erroneous,” Frank said. Frank said he consulted with an objector to a 2013 settlement in the swipe-fee case. He has not done any legal work relating to the 2024 settlement.
Read more in Reuters.