- Wednesday, I argued the case of Kazman v. Frontier Oil in Houston, which raises the issue of whether Texas law permits the "deal tax": the extortionate lawsuits over merger disclosures that get settled for pricy attorneys' fees and nothing of value to the shareholders that the attorneys are supposed to be representing. Thanks to client CEI attorney Sam Kazman, and to D. Wade Carvell, who was both extraordinarily generous and effective with his pro bono time on the case. [CEI press release; Kazman podcast; earlier on POL; more on POL]
- West Virginia medical monitoring settlement: $6.62 million for attorneys, up to $6.58 million in funding for medical examinations for class, but the money is likely to go to charity, and there will be no free exams after 2014. I'm quoted, after the West Virginia Record called me up for my analysis.
- Legal Newsline covers the Southwest Airlines drink voucher class action settlement. [Legal Newsline; earlier on POL]
Friday, January 18, 2013
CCAF in the news
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