Tuesday, August 23, 2011
Classmates.com class action settlement (again)
I'm getting lots of emails about the Classmates.com class action settlement notice. We're aware of it, because we're already in the case: we earlier successfully objected to the first version of the settlement where the attorneys were asking for $1.05 million while the class received only $117,000. The new settlement is certainly improved—$2.5 million is better than $117,000, though it still reflects a nuisance settlement—but, as many of you of noted, the fees are excessive (and violate Bluetooth standards). We'll be objecting again.