Charities Could Be Out $5.3M If SCOTUS Rejects Google Deal
Bloomberg News cited CEI’s Senior Attorney Melissa Hoyoak and Senior Attorney Ted Frank on Frank v. Gaos.
Holyoak and fellow petitioner Ted Frank are class members who objected to the settlement, which included $2.1 million for class counsel. They are also attorneys at the Competitive Enterprise Institute’s Center for Class Action Fairness in Washington, which frequently objects to class settlements it views as problematic.
Cy pres raises a red flag that the parties to the settlement may “bargain away the rights of the class members on terms that minimize payoff by the defendant, maximize benefit to class counsel, and leave injured class members out in the cold,” Holyoak and Frank told the court in their opening brief.