In Donovan's estimates, Feinberg eliminated 220,000 plaintiffs from the subsequent Deepwater Horizon Economic and Property
Damages Class Settlement Agreement.
Not exact matches
The lion's share of the
damages in a
class action suit go to the attorneys involved in the
settlement, and around thirty - five states» attorneys general were involved in the investigation and allegations of price fixing.
The
settlement also allowed individual suits for compensatory
damages by
class members, as long as they weren't based on theories that included fraud and misrepresentation.
Earlier this year, a federal judge approved the
settlement of that lawsuit as a
class action — awarding
damages to all NFL players with diagnosed head injuries.
Categorizes the amounts awarded for SEC penalties, disgorgement, approved
class - action
settlements and other securities
damages.
However I think bifurcating
class action
settlement approval into a
damages stage and a fees stage could have significant distributional consequences in the more typical
class action where counsel fees are quite large relative to
damages (e.g. 20 % +).
Although, I suspect, the differences may be dealt with by way of allocating
damages or
settlement monies, I find that Plaintiff's need to receive specialized and fact specific advise in respect of their mitigation efforts, as opposed to more uniform advice they may receive in a
class setting.
We have supported counsel in all phases of litigation, including
class certification, fact discovery, loss causation / materiality,
damages, and
settlement / mediation.
In a joint statement issued with Quinn Emanuel following announcement that the
settlements were final, Bruce Simon said: «We are pleased that we have reached this exceptional
settlement for the
Class, appropriate for the
damages our clients suffered.»
The Court once again displayed its distaste for
class - actions, with Kennedy stating that expanding causes of action in securities litigation would
damage the economy and «would allow plaintiffs with weak claims to extort
settlements from innocent companies.»
Damages analytics: Categorizes the amounts awarded for SEC penalties, disgorgement, approved class - action settlements and other securities
Damages analytics: Categorizes the amounts awarded for SEC penalties, disgorgement, approved
class - action
settlements and other securities
damagesdamages