Unfair settlements generally serve self-interested lawyers and third parties at the expense of absent class members, the group of people whose rights are traded away to settle a class action. Lawyers have an interest in their fees, defendants have an interest in cheaply disposing of a lawsuit, and the class’ interests can take a back seat in the process. CCAF seeks to solve these problems by representing such class members pro bono and presenting judges with the other side of the argument. When CCAF prevails, lawyers get less, class members get more, and the rule of law is strengthened.
The New York Times says CCAF’s Ted Frank is “the leading critic of abusive class action settlements,” while Reuters called him a “class action maverick” and “among class action lawyers’ most feared objectors.”
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Reason
Photos Show the Transformation of Great Britain
Not so long ago, Great Britain was deemed “the sick man of Europe.” The 1970s were plagued by inflation, labor union strikes, and a rise…
News Release
CEI Disappointed in Outcome of Supreme Court Decision in Class Action Settlement Case, Frank v. Gaos, but Hopeful for Future Resolution
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News Release
CEI Congratulates Ted Frank and CCAF on the Launch of the Hamilton Lincoln Law Institute
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Wall Street Journal
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Wall Street Journal
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The Wall Street journal writes a profile on Center for Class Action Fairness' founder Ted Frank and his efforts to fight settlements that give the…
Blog
Welcome, Wall Street Journal readers
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Blog
Franklin Templeton mutual fund settlement
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Legal Newsline
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Cronkite News
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