In the News Today – February 12, 2019
Settlement Rejection Shows Courts Are Hesitant to Approve Deals “Thin on Details But Rich in Attorney’s Fees”: A U.S. District Judge’s decision to reject a $50 million data breach settlement in a lawsuit against Yahoo shows that “courts are becoming increasingly hesitant to rubber-stamp agreements that are thin on details but rich in attorneys’ fees.” The judge refused to approve the deal in part because of the lack of details on the size of class and also because of the $35 million fee award. (Law360)