Circuit Tosses Another Class Settlement Over Conflict

, The National Law Journal

   | 1 Comments

The U.S. Court of Appeals for the Ninth Circuit continued its campaign against conflicts of interest in class action agreements, throwing out a $45 million settlement with three credit reporting agencies because the incentive awards to named plaintiffs were contingent on their support for the deal.

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What's being said

  • tmorgan

    If the named plaintiffs agreed to the settlement before the incentive language was written (amending the terms of retaining the lawyers), the lawyers were idiots to include that language.

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