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Tag Archives: In re Baby Prods. Litig.

Third Circuit Rejects Class Settlement Because Class Fund Went to Class Counsel and Cy Pres Rather than Class Members

Posted in Class Action Settlements

We’ve blogged before about federal courts’ increasing reluctance to approve class settlements that involve a significant cy pres component. The Third Circuit’s recent decision in In re Baby Products Litigation (pdf) is the latest example of this trend. Class counsel often use the distribution of funds to handpicked charities in order to disguise the percentage of… Continue Reading