US Appeals Court Set to Eye Test of Cy Pres Doctrine in $5.5M Google Accord
When class members are owed a few pennies from a settlement, how much should you bother trying to make sure they get paid? That's the question before the U.S. Court of Appeals for the Third Circuit in a petition to reverse a $5.5 million settlement with Google Inc. over privacy claims that gives money to the plaintiffs' attorneys and six nonprofit organizations but nothing to the class. On Wednesday, attorneys general from 11 states filed an amicus brief insisting that the Delaware judge who approved the settlement didn't go far enough in attempting to put class members above the use of cy pres, a controversial practice used to distributed unclaimed funds in a settlement to third parties.
Special Counsel Robert Mueller III’s team raised concerns Monday that a defense lawyer for Rick Gates, a former business partner of Paul Manafort, could have a conflict of interest that prevents him from participating in the money laundering case against the two men in Washington federal court.
District Attorney-elect Larry Krasner has been very quiet about his transition so far, but, according to numerous sources familiar with the workings of the Philadelphia District Attorney's Office, there are signs that efforts are proceeding apace.
Richard Cordray is stepping down as the director of the Consumer Financial Protection Bureau after spending more than five years building up the Obama-era agency from scratch and fostering it into a powerful regulator.
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