Class Action Settlement Challenges: Unclaimed Funds

Class Action Settlement Challenges: Unclaimed Funds

Yet another class action settlement looks like it will have unclaimed funds at the end of the claims period. The settlement between AMT, Montreal’s transport agency, and a class consisting of more than 19,000 commuters from the West Island, was approved by the Quebec Superior Court last fall, yet has only resulted in approximately 1,000 applications for a share of the settlement proceeds. 

Unclear TCPA Regulations Lead to Windfall for Class Action Plaintiffs’ Counsel

Unclear TCPA Regulations Lead to Windfall for Class Action Plaintiffs’ Counsel

In In Re Capital One Telephone Consumer Protection Act Litigation, Case No. 12-CV-10064, 2015 WL 605203 (N.D. Ill. Feb. 12, 2015), Judge James Holderman of the U.S. District Court for the Northern District of Illinois recently approved an unprecedented $75,455,099 settlement for 1,378,534 class members in a Telephone Consumer Protection Act (“TCPA”) class action and awarded plaintiffs’ counsel a whopping $15,668,265 in fees.