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Class Action Settlements and Cy Pres Awards: Part 2 of 2

As previously discussed in Part I, the Supreme Court of the United States ("SCOTUS") recently announced that it would take up the issue of cy pres awards in Frank v. Gaos. How SCOTUS rules in the Frank case could have tremendous impact on class action settlements....

Class Action Settlements and Cy Pres Awards: Part 1 of 2

[In this two-part series, we explore the origins and present-day use of cy pres awards in class-action settlements and the Supreme Court's recent decision to address the use of cy pres awards.] You're a member of a class action. The case has settled. You received your...

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