U.S. District Judge William Alsup blasted a proposed class action settlement recently for giving plaintiffs 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 of California judge said the $9 million deal amounted to a “collusive settlement” and a “bonanza” for Oracle, the plaintiffs 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.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]