DOJ Urges Court to Block Wine Pricing Class Settlement
Bloomberg News highlights the Wines ‘Till Sold Out settlement and CEI’s objection:
The $1.7 million fee award to class counsel “far outweighs the meager offering to class members” in a settlement to resolve deceptive wine pricing claims, the Department of Justice said Feb. 16.
The settlement also caught the eye of the Competitive Enterprise Institute’s Center for Class Action Fairness, which frequently objects to class settlements.
CCAF objected Feb. 16, arguing the terms impermissibly make class counsel the “foremost beneficiaries” of the settlement.