The saga continues ...
Quote:
Originally Posted by luvit
in a class-action lawsuit the product users are not the winners. the attorney's are more interested in the lawsuit than the users...
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Quote:
Originally Posted by Christ
The settlement means that there was never a judgement entered, and it was probably in Honda's best interests fiscally and legally to settle out of court than have to pay the legal team's bills.
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The lawyers' bills are the subject of the latest chapter of this story.
The settlement included "nearly
$3 million in fees for the plaintiffs' attorneys", while the plaintiffs (Honda hybrid owners) got a "coupon" good for relatively small rebates or a discount on another Honda (see post 1).
The settlement is on hold while a judge reviews a challenge (brought by one of the plaintiffs) under the Class Action Fairness Act of 2005 which aims to address outcomes where (among other things) the lawyers benefit more than the plaintiffs!
Quote:
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Plaintiffs’ attorney Jonathan Cuneo of Cuneo Gilbert & LaDuca in Washington noted that the judge left open the possibility that the parties could file a new settlement proposal. The firm was evaluating its options, he said.
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See:
Judge Questions Coupon Settlement in Honda Class Action - Law Blog - WSJ