Topic
Class Settlements
403 published works
Sixth Circuit Appellate Blog
Sixth Circuit’s Class Action Decision Attracting National Attention
We reported last week on the interesting Sixth Circuit decision that rejected the class action settlement that provided no monetary relief to the class but almost $3 million in attorney's…
Class Defense Blog
Sixth Circuit Rejects Class Settlement Over Excessive Payments to Class Counsel and Named Plaintiffs
The federal courts of appeals continue to scrutinize class-action settlements closely when the direct benefits to class members are overshadowed by the attorneys’ fees that flow to plaintiffs’ counsel. The…
Class Action Lawsuit Defense
Defendants Must Keep Insurance Coverage Considerations in Mind When Settling Class Action Lawsuits
By Judy Selby
On July 18, 2013, a Pennsylvania appellate court held that class action defendant Cigna Corporation (Cigna) was not entitled to insurance coverage for any part of a settlement it paid…
Class Action Lawsuit Defense
IRS Says Class Action Settlement Incentive Awards in Wage Based Claims Are Taxable As Wages
On March 15, 2013, the IRS issued a private letter ruling responding to a request for a determination of whether incentive awards paid to class representatives under a settlement agreement…
Class Defense Blog
Is There A Problem With Settlement Class Actions?
A new paper by Fordham law professor Howard Erichson, entitled “The Problem with Settlement Class Actions”—and a blog post about it by Andrew Trask—caught my eye. The paper uses two…
Class Action Countermeasures
The Real Problem with Settlement-Only Class Actions
By The Editors
Fordham law professor Howard M. Erichson has a new paper up at SSRN on "The Problem of Settlement Class Actions." Based on dicta in the Supreme Court's opinion in Amchem Products,…
Mass Tort Litigation Blog
The Problem of Settlement Class Actions
By joetort
I have posted a new paper, The Problem of Settlement Class Actions, on SSRN. It makes the argument that we should abandon settlement-only class actions as a means of resolving…
SDNY Blog
Judge Marrero Denies Madoff Trustee’s Motion to Void Class Action Against Feeder Fund
In a decision yesterday, Judge Marrero denied a motion from the trustee for Bernard Madoff’s investment firm to declare void, and undo a preliminary partial settlement, in the “Anwar” class…
Class Action Countermeasures
Empirical Evidence of the Importance of the MTD in Securities Cases
By The Editors
Back in January, NERA Economic Consulting published yet another interesting paper, entitled Dynamic Litigation Analysis: Predicting Securities Class Action Settlements as a Case Evolves, by Dr. Ronald Miller. Using the…
Class Actions Insider
You Can’t Give the Named Plaintiffs Too Sweet a Deal in a Class Settlement, The Sixth Circuit Reminds Us
Objectors to class action settlements often argue that the proposed settlement is really benefiting the plaintiffs’ lawyers and not the class. It’s less common to see an argument that a…