Friday, November 19, 2010
In re Classmates.com class action settlement objection
We filed our objection late Thursday, and submitted ten other pro se objections that people took the trouble to send us for forwarding. Is a settlement that pays class members $117 thousand worth $117 thousand or, as the plaintiffs claim, $9.5 million? We invoke Wile E. Coyote in exploring what seems to be an obvious answer. The attorneys are asking for $1.05 million for a settlement that Gregg Easterbrook describes as "shafting the plaintiffs."
Labels:
Classmates.com,
cy pres
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