When Lawyers Cut Their Clients Out of the Deal
The New York Times reports on Ted Frank's objection to the Facebook privacy settlement.
The leading critic of abusive class-action settlements is Ted Frank of the Center for Class Action Fairness, and he is one of the lawyers challenging the Facebook settlement. In testimony in March before a House subcommittee, Mr. Frank said Facebook’s payment to the new charity bordered on a sham.
“That is like a settlement against Microsoft settling for Microsoft giving money to the Gates Foundation,” he said, referring to the foundation created by Microsoft’s chairman, Bill Gates, and his wife, Melinda.
Read the full article at the New York Times.