Sunday, August 27, 2017

Class Action Lawsuit Abuse

I have received more than a few notices of being a member of a class in a class action lawsuit where it appeared "our" lawyers received far more than us "injured" parties, and so I am glad to see this 8/25/17 New York Daily News article:
A U.S. appeals court on Friday threw out a class-action settlement intended to resolve claims that the Subway sandwich chain deceived customers by selling “Footlong” subs that were less than a foot long.
The 7th U.S. Circuit Court of Appeals in Chicago called the settlement “utterly worthless,” and said the customers’ lawyers were not entitled to attorney’s fees for convincing Subway it was better to make the case go away than fight.
“A class action that seeks only worthless benefits for the class and yields only fees for class counsel is no better than a racket and should be dismissed out of hand,” Circuit Judge Diane Sykes wrote for a three-judge panel. “That’s an apt description of this case.”

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