Litigation

CCAF Ninth Circuit appeal - In re Yahoo!

By Ted Frank

Yesterday the Center for Class Action Fairness filed the opening brief in the appeal of the In re Yahoo! settlement approval. We make a process argument--the district court gave no reasoning for its decision, which by itself requires remand--but we also argue the substantive issue that no court could reasonably approve a $0-for-the-class/$4.3 million-for-the-attorneys settlement. Don't miss pp. 39-43, where we cite Seinfeld. (The Center is not affiliated with the Manhattan Institute.)

Full post as published by Point of Law on August 10, 2010 (boomark / email).