U.S. court voids RadioShack class-action settlement over card receipts
Reuters interviews Center for Class Action Fairness' founder Ted Frank on federal appeals court's decision to void RadioShack Corporation's class-action settlement.
Ted Frank, a critic of what he considers excessive legal fees and who represented a couple opposing the RadioShack settlement, in a phone interview welcomed the decision.
"It is important in the class-action settlement process that class members be the foremost beneficiaries," he said. "One must look at the actual recovery, rather than a hypothetical adding up of numbers that don't benefit the class."