Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Joshua D. Anderson, left, and Terence N. Hawley, right, of Reed Smith. Joshua D. Anderson, left, and Terence N. Hawley, right, of Reed Smith.

Like most cases, few class actions are filed with the intent of taking them to trial, and the vast majority that survive beyond the pleadings stage settle. But unlike most cases, class action settlements require court approval, which has become more challenging to obtain. Over the last several years, a growing number of courts have rejected class settlements—including high-profile, multimillion-dollar agreements—and recent decisions show that many courts continue to regard class settlements with a high degree of skepticism. Given the time, effort and expense involved in negotiating such settlements—as well as the significant stakes often involved—practitioners seeking to settle class actions should pay close attention to issues courts have identified in the course of rejecting classwide deals.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.