Motion to approve class action settlement and counsel fees related to a data breach granted.
The moving party brought a motion to approve the settlement of a class proceeding concerning a data breach at the responding corporate party, as well as class counsel fees and the claims administrator's expenses.
The court found the settlement, which provided compensation to affected individuals, to be fair, reasonable, and in the best interests of the class.
The motion to approve the settlement, counsel fees, an honorarium for the representative plaintiff, and administration expenses was granted.
Class action settlement for salmon price-fixing approved; litigation funding agreement rejected and counsel fees reduced.
The plaintiffs brought motions to approve a $5.25 million settlement of a class action alleging price-fixing of farmed Atlantic salmon, as well as class counsel fees, a litigation funding agreement, and honoraria for the representative plaintiffs.
The Court approved the settlement agreement as fair and reasonable despite its modest recovery for class members.
However, the Court refused to approve the litigation funding agreement, finding it champertous, disclosed too late, and unreasonably highly priced.
The Court reduced the requested class counsel fees to 30% of the settlement amount and declined to award an honorarium to the representative plaintiffs.