3 ms·
This seems to be a more frequent occurrence in the last few years with class action settlements going “viral” for lack of a better word. I believe it’s called
by elliekelly 7y ago
This seems to be a more frequent occurrence in the last few years with class action settlements going “viral” for lack of a better word. I believe it’s called dilution of class. In theory I think the judge is supposed to consider the number of class members & their estimated recovery before granting final approval but I suspect by that point nobody cares.
- bradleyjg 7y agoJudges so rarely reject class settlements that treating them as a check on collusion between class attorneys and defendants is a joke.