Court strikes down Ameritrade settlement
$1.87 million in attorneys' fees for a worthless settlement will not be collected; Judge Vaughn Walker denied settlement approval.
$1.87 million in attorneys' fees for a worthless settlement will not be collected; Judge Vaughn Walker denied settlement approval.
$1.87 million in attorneys' fees for a worthless settlement will not be collected; Judge Vaughn Walker denied settlement approval.
Unlike the Bluetooth case, we were among several plaintiffs who filed substantive objections to this settlement.
Unlike the Bluetooth case, we were among several plaintiffs who filed substantive objections to this settlement.
In this settlement over a data security breach, plaintiffs’ lawyers were seeking $1.87M for themselves and only vouchers for the class: the district court upheld the objection and the settlement was renegotiated to yield cash to the class.