WASHINGTON (Legal Newsline) - The U.S. Supreme Court heard arguments yesterday in a case that could end cy pres, the practice of steering money in class action settlements to organizations with absolutely no connection to the underlying lawsuit.
Center for Class Action Fairness News
CHICAGO – Ted Frank of the Center for Class Action Fairness can pursue a claim that phony objectors cheated a class, U.S. Seventh Circuit judges ruled on June 26.
In the wake of last week's dismissal of the $10.1 billion Madison County judgment against the cigarette maker, the next potential move lies with the plaintiff.