Posts Tagged ‘Ted Frank’

Ted Frank on laws named after victims

Laws named after sympathetic victims are sure-fire vote-getters, but they are usually bad laws. “A politician holds a press conference standing next to the victim’s family; this gets the bill on the news. Because of terse media coverage, voters think said law will actually do something for a victim or potential future victims, no matter what the real legal changes are.” [Ted Frank, L.A. Times]

Liability roundup

Bloomberg profiles Ted Frank

Ted Frank, who directs the Center for Class Action Fairness and was long a co-blogger here at Overlawyered, is the subject of this Bloomberg/BNA profile from Steven Sellers of Class Action Litigation Report. A master key to Ted’s analysis of class action settlement incentives? “The Posner and Easterbrook decisions on class actions… pervade everything I do,” he says, referring to economically informed Seventh Circuit judges Richard Posner and Frank Easterbrook, both also associated with the University of Chicago law school, where Ted studied. Chicken offsets get a mention, too.

“A Little Wal-Mart Gift Card for You, A Big Payout for Lawyers”

“A member of a class-action lawsuit received a Walmart gift card as part of a settlement, but because of a legal ambiguity, the real gift may be for the lawyers.” With bonus Ted Frank interview quotes [David Segal, “The Haggler,” New York Times] And more on the mentioned Duracell case as showing why the Supreme Court should police class action settlements, as Cato has urged in a brief [Ilya Shapiro]

“Objectors say Subway sandwich settlement comes up short”

Attorneys have requested $525,000 in fees in a settlement of a class action over Subway’s marketing of “foot long” sandwiches that fell short of 12 full inches. Class representatives will get a few thousand, ordinary class members will get no compensation, although the chain is changing its procedures. Ted Frank is objecting. [Bruce Vielmetti, Milwaukee Journal-Sentinel, earlier here and here]

“Should Plaintiffs Lawyers Get 94% of A Class Action Settlement?”

The Eleventh Circuit approved the settlement of a class action suit over Duracell batteries: “The four plaintiffs law firms that brought the case were together awarded $5.7 million, while the 7.26 million class members they represented divvied up just $345,000 between them.” Ted Frank, well known to our readers, is asking the Supreme Court to review the case, which presents, among other issues, a chance to offer guidance about the cy pres diversion of settlement money to charities and good causes. [Roger Parloff, Fortune, earlier]

October 28 roundup

  • India monk: I’ll need eight months to respond to court summons because my religion requires me to get there on foot [BBC]
  • NYC’s inhospitable treatment of cat cafes leaves you wondering if dogs get a better shake [Nicole Gelinas, New York Post]
  • As VW litigation heats up, keep your eye on lawyers’ angling re: multi-district litigation, advises Ted Frank [Chamber-backed Legal NewsLine; Rob Green, Abnormal Use; yet more on multi-district litigation, John Beisner, Chamber ILR]
  • A public health study “builds upon Critical Race Theory” to criticize results of Stand Your Ground doctrine in Florida, but most of the cases it uses weren’t decided on basis of that doctrine [Andrew Branco, Legal Insurrection]
  • “Subway ‘Footlong’ Settlement: Lawyers Feed, Consumers Fast” [Judicial Hellholes, earlier, note also this on Subway’s affection for the term]
  • Not only did the free market not cause that $750 generic pill, it might be on the way to generating a $1 alternative [Bonnie Kristian/Rare, my earlier take] Still, it’s a little more complicated than that, as Alex Tabarrok explains;
  • Kathleen Kane saga: “Pennsylvania Attorney General Suspended from the Bar, Still Refuses to Quit” [Hans Bader, CEI]

October 7 roundup

Posner: “selfish deal” by class counsel resulted in “outlandish” fees

“Judge Richard Posner of the Seventh Circuit Court of Appeals has unleashed another zinger at class-action attorneys, trashing a settlement over joint-pain pills that would have paid attorneys $2 million in fees, more than double what their clients got.” [Daniel Fisher, Forbes, whose own writing gets cited; opinion in Pearson v. NBTY] From the ABA Journal:

The opinion was a victory for Ted Frank of the Center for Class Action Fairness, who objected to the settlement as a class member. He told the Am Law Litigation Daily he will be citing the case in new objections to class-action settlements. So far, he says, his group has persuaded courts to wipe out $271 million in attorney fees in the 39 cases in which the center achieved some success.

“This is the best opinion out there” on class settlement issues, Frank told the Litigation Daily. “I think it will have a dramatic effect on class action settlements negotiated.”