- Wednesday, I argued the case of Kazman v. Frontier Oil in Houston, which raises the issue of whether Texas law permits the "deal tax": the extortionate lawsuits over merger disclosures that get settled for pricy attorneys' fees and nothing of value to the shareholders that the attorneys are supposed to be representing. Thanks to client CEI attorney Sam Kazman, and to D. Wade Carvell, who was both extraordinarily generous and effective with his pro bono time on the case. [CEI press release; Kazman podcast; earlier on POL; more on POL]
- West Virginia medical monitoring settlement: $6.62 million for attorneys, up to $6.58 million in funding for medical examinations for class, but the money is likely to go to charity, and there will be no free exams after 2014. I'm quoted, after the West Virginia Record called me up for my analysis.
- Legal Newsline covers the Southwest Airlines drink voucher class action settlement. [Legal Newsline; earlier on POL]
Class action settlements in the news
Related Entries:
- Anti-Shareholder Class Actions
- On the Supreme Court cert docket: Glazer and Butler
- Judge Sanctions Porn Troll
- Businessweek on class actions
- Two podcasts
- No, Virginia, the employment class action is not dead
- "A Facebook Deal That Needs Unfriending"
- SEC Steps Further Away from Its Mission
- FACTA shakedown files: Albright v. Bi-State Dev. Agency
- Dry Max Pampers Litigation update
- CAFA violation in Korean Air Passenger settlement
- Ramseyer on product liability in Japan
- The cy pres morass and In re BankAmerica Corp. Securities Litigation
- Dennis v. Kellogg on remand
- Silverman v. Motorola
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Rafael Mangual Project Manager, Legal Policy rmangual@manhattan-institute.org |
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Communications Manhattan Institute communications@manhattan-institute.org |
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