Law 360 mentions Ted Frank's comments on whether the Pella Window settlement benefit class members.
Theodore Frank, who represents a separate objector, added that the number of claims received so far didn’t come close to justifying the $90 million valuation put forth by Pella. The roughly 10,000 cash claims and 2,000 arbitration claims would come in under $17 million, assuming every claimant received the maximum, which isn’t likely, he said.
“We don’t know what the actual relief to the class is,” he told the panel.
Read the full article at Law 360.