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September 03, 2004
Class action writings: coupon settlements and regulation through litigation
James Tharin, founder of a company that purchases class action settlement coupons and certificates from class members and resells them on the secondary market, provides an interesting perspective on the need to reform coupon class action settlements in a paper recently posted on the Federal Trade Commission website. See James Tharin, Protecting Consumer Interests in Class Actions, available here. Tharin's paper is posted in advance of a joint FTC-Georgetown Journal of Legal Ethics workshop on improving consumer class actions.
Also available: papers on the pros and cons of coupon and cy pres class action settlements; notice to class members and opt-out issues; regulation of business through multiple and follow-on actions by government agencies, state attorneys general and private class action lawyers; and the need to overcome the lack of available data on class action suits.
Posted by Leah Lorber at 06:31 PM
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