U.S. District Judge Richard Seeborg said counsel "endeavored to address" his concerns with the $20 million settlement in the "Sponsored Stories" suit, but he did not rule from the bench.
November 15, 2012 at 05:43 PM
1 minute read
SAN FRANCISCO For the second time, lawyers for Facebook Inc. asked a federal judge on Thursday to sign off on a $20 million settlement in a class action over its “Sponsored Stories” advertising feature.
In August U.S. District Judge Richard Seeborg of San Francisco rejected a proposed deal between Facebook and plaintiffs that provided for $10 million in charitable donations and up to $10 million in attorney fees, but no monetary benefit to class members.
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