There is another form of charitable giving, which happens without much fanfare, each year. It is called cy pres, and it often results in money diverted away from people to whom it is owed and toward causes they may or may not support.
SCOTUSblog's Kalvis Golde highlighted the pair of cert petitions filed by HLLI in St. John v. Jones and Yeatman v. Hyland.
The settlement and fee request would provide only 30% of the funds to class members, 25% to attorneys, 5% to the settlement administrator and about 40% or $16 million to third party organizations, called cy pres. The Supreme Court declined to hear a challenge to the diversion of class funds.
