Posts Tagged ‘settlement funding’
Facebook privacy class action settlement challenged
The massive privacy class action litigation against Facebook for its beacon product (similar to the Google Buzz privacy lawsuit) was supposed to be settled for $9.5 million, with about 30% of that amount going to the class action attorneys who took the case on a contingency basis. But now that settlement is under attack because [...]
AWB class action settlement
Australian wheat exporter AWB Ltd. has agreed to pay A$39.5 million ($35.1 million) to settle a securities fraud class action against it brought by shareholders complaining of misrepresentations related to bribes and kickbacks AWB paid to Iraq under Saddam Hussein, according to reports. The settlement does not require AWB to admit liability, but like all [...]