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Practice Tip: Class Actions. Where's the Beef?

Despite the fact that product liability class action settlements are subject to judicial scrutiny to ensure substantive and procedural fairness, there is surprisingly little data available regarding how much cash relief class members actually receive post-settlement.

24 minute read June 10, 2013 at 04:12 PM
By
Ronald J. Levine and Sharon A. O’Shaughnessy
Practice Tip: Class Actions. Where's the Beef?

Product liability practitioners will recall that in 2005 the Class Action Fairness Act (CAFA) was enacted in response to a Congressional finding that class action settlements may too often result in a monetary windfall to class counsel, while leaving class members with awards of little or no value.

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