Critics hit law firms’ bills after class-action lawsuits

The Boston Globe discusses Thornton Law Firm's legal fees in class-action lawsuits with the Center for Class Action Fairness's founder Ted Frank. Critics of the way lawyers are paid in class-action lawsuits acknowledge that firms often dramatically mark up the rates of their lower-paid attorneys when seeking legal fees in court, but they say Thornton has pushed the practice to an extreme. “This happens all the time,” said Ted Frank, a lawyer…

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December 17, 2016
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Podcast: When Enough is not Enough: Frank v. Poertner

Ted Frank speaks to the Federalist Society Litigation Practice Group Podcast regarding his cert petition with the Supreme Court in Frank v. Poertner.

Podcast: When Enough is not Enough: <em>Frank v. Poertner</em>

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January 11, 2016
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U.S. court voids payout of unclaimed funds in BofA class action

(Reuters) - A federal district judge abused her discretion in awarding a nonprofit money left over from a $490 million securities class-action settlement concerning the 1998 merger of BankAmerica and NationsBank that created Bank of America Corp, a divided federal appeals court ruled on Thursday.

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January 8, 2015
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Conscientious Objector

The biggest target of Frank’s ire, however, are settlements that award what he sees as excessive legal fees to the plaintiffs attorneys. He’s currently challenging the proposed $590 million settlement of a class action brought in 2008 on behalf of Citigroup Inc. shareholders who accused the financial giant of misleading investors about the risks of its derivative business.

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May 1, 2013
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Ted Frank’s Testimony before the House Judiciary Committee Subcommittee on the Constitution and Civil Justice Examination of Litigation Abuse

One of the leading ways for self-dealing class counsel to benefit themselves at the expense of the class is through what are called cy pres settlements.

Ted Frank
March 13, 2013
Media Appearances

Ted Frank: A Conscientious Objector

He has already picked up some wins, including a significant ruling in August in a class action against Plantronics and the company formerly known as Motorola Inc. concerning Bluetooth headsets. The Ninth Circuit rebuffed a deal that would have paid no money to class members but would have given $100,000 to four nonprofit groups dedicated to hearing loss and $850,000 to the plaintiffs’ lawyers. The lawyers are now back in the lower court, trying to hash out a new deal.

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October 31, 2011
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