- In Fraley v. Facebook, the district court adopted our theory of attorneys' fees (zero value for injunctive relief and for settlement money paid to administrators); the parties, perhaps in response to our objection, upped the class-member award to $15 from $10. So a fee reduction of $2.5 to $3 million, with several million more available for the class. Not a bad day's work, and enough of an improvement that we're not going to appeal the parts of the decision the court got wrong.
- Speaking of whether class counsel should get a commission on money paid to the settlement administrator... You may recall the Ninth Circuit throwing out a bad settlement (in an opinion later modified) over Frosted Mini-Wheats that paid $800,000 to consumers, $2 million to lawyers, and some unknown figure to unknown cy pres. On remand, the parties set up a $4 million settlement fund—but $900,000 or so is earmarked for settlement administration. Is that a $4 million settlement, or is it really a $3.1 million settlement, because that's all the class can hope to get? Class counsel is "only" seeking $1 million this time, which is still disproportionate to actual class relief; meanwhile, the objectors who turned the $800,000 in class relief into over $2 million of class relief aren't being given anything. This morning, I'll be at the fairness hearing in San Diego, presenting the CCAF objection of Chicago Law professor Todd Henderson. Class counsel's main argument against us is that we're funded by the Koch brothers (not remotely true), and therefore we should be ignored.
- We filed a cert petition appealing our Second Circuit loss in Sirius. I'll write a longer post about that, plus our amicus support.
- Another case that merits a longer post is a fascinating Eighth Circuit brief we filed last week in an appeal of a $2.6 million cy pres award.
- Speaking of bad cy pres (and bad coupon settlements), we filed our opening Ninth Circuit brief in EasySaver Rewards ($8.85 million for attorneys, $3 million for local cy pres, $225,000 and worthless coupons for the class) in July.
- CCAF attorney Adam Schulman filed an objection to the horrendous settlement in Berry v. LexisNexis, which is like Dry Max Pampers, but far worse, with a larger class and the attorneys asking for $5.5 million. This merits a longer post, but we were honored that a passel of very highly-paid attorneys representing a competing class action and their objectors saw fit to adopt so many of our arguments.
- In Pearson v. Target Corp., class counsel is seeking $4.5 million for a settlement over glucosamine sales likely to pay less than half of that to the class. I am a class member, and CCAF attorney Melissa Holyoke filed an objection on my behalf.
- In the Southwest Drink Voucher case, the court approved the settlement, but hasn't ruled on the attorneys' fees yet. We're deciding whether to appeal.
- Cato filed an amicus in support of our cert petition in the Facebook Beacon case.
- More press coverage than you can shake a stick at. And I did a lengthy "Liberty Law Talk" podcast with Richard Reisch about class action abuse generally.
Showing posts with label our attorneys. Show all posts
Showing posts with label our attorneys. Show all posts
Monday, September 9, 2013
August and September update
Friday, August 9, 2013
Sixth Circuit victory: In re Dry Max Pampers Litigation
A great opinion protecting class members against predatory attorneys. Congratulations to CCAF attorney Adam Schulman (Georgetown Law '10), who won his first appellate oral argument.
Details at Point of Law. Earlier on this blog.
Press and blog coverage: Fisher @ Forbes; Adler @ Volokh; Bloomberg; Wolfman 1; Wolfman 2; Cincinnati Business Courier; ABA Journal; WSJ Law Blog ($); Litigation Daily ($); Law360 ($). And a local tv news report that demonstrates why watching tv news makes you stupider.
Law360 also runs a lengthy thinkpiece analyzing a run of our recent cases, calling our results "impressive."
Details at Point of Law. Earlier on this blog.
Press and blog coverage: Fisher @ Forbes; Adler @ Volokh; Bloomberg; Wolfman 1; Wolfman 2; Cincinnati Business Courier; ABA Journal; WSJ Law Blog ($); Litigation Daily ($); Law360 ($). And a local tv news report that demonstrates why watching tv news makes you stupider.
Law360 also runs a lengthy thinkpiece analyzing a run of our recent cases, calling our results "impressive."
Monday, August 16, 2010
Court rejects settlement in Costco fuel case
Today's a busy day (there were filings in three different pending objections and appeals, two of them by us), but we'll have to postpone discussion of those cases to note that, on Friday, the U.S. District Court in Kansas rejected the $0-for-the-class/$10M-for-the-attorneys settlement in the Costco Fuel case that we argued in April. Alas, the court ruled on narrow technical grounds and punted on some critical economic questions, so we might see substantially the same settlement again in a couple of months if the parties can jump through the hoops the court established—but if the settlement remains unfair and unreasonable, I'm sure the objectors involved will want to object again.
Our associate, M. Frank Bednarz (Chicago '09), did much of the work on the Costco briefing, so I'm sure Friday was special to him—not least because it was also his wedding day! Mazel tov to Frank and Meridith. Go buy them some light bulbs before Frank starts at his BigLaw job in Boston in a couple of months. When Frank gets to Boston, I bet he'll be the only person there who already has a winning $10-million brief under his belt.
Our associate, M. Frank Bednarz (Chicago '09), did much of the work on the Costco briefing, so I'm sure Friday was special to him—not least because it was also his wedding day! Mazel tov to Frank and Meridith. Go buy them some light bulbs before Frank starts at his BigLaw job in Boston in a couple of months. When Frank gets to Boston, I bet he'll be the only person there who already has a winning $10-million brief under his belt.
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