U.S. District Judge William Alsup blasted a proposed class action settlement last week for giving plaintiff attorneys up to $2.25 million in fees while leaving former Oracle Corp. employees with “dimes on the dollar” for unpaid overtime claims.
In his June 19 order, the Northern District judge said the $9 million deal amounted to a “collusive settlement” and a “bonanza” for Oracle, the plaintiff lawyers and the name plaintiffs. The plaintiffs are represented by San Francisco’s Schneider & Wallace and Santa Barbara solo Christina Djernaes; Oracle is represented by Paul, Hastings, Janofsky & Walker.
