Cy - près awards
allow class action settlements to be given to charities when there is no practical way of distributing all the funds to individual plaintiffs.
Not exact matches
If
allowed to proceed as a
class action, the 2013 lawsuit could cover more than 160,000 California drivers and give plaintiffs leverage to negotiate a
settlement.
Facebook, meanwhile, recently settled a $ 20 - million
class action settlement following a lawsuit over the social network's lucrative «Sponsored Stories» program that shares users» «likes» of certain advertisers with friends without paying them or
allowing them to opt out.
It is seeking comments on a Report and a draft Judicial Protocol that
allows courts in different provinces to work together to coordinate these competing
class actions as they move toward a hearing or
settlement.
The
settlement last month of a multi-million-dollar real estate
class action will
allow 143 purchasers in a failed commercial condominium to recover almost half their original deposits after the project became insolvent.
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.»