Seventh Circuit Provides Guidance On Fairness of Class Action Settlement Agreements and Fee Awards

Seventh Circuit Provides Guidance On Fairness of Class Action Settlement Agreements and Fee Awards

In In Re Southwest Airlines Voucher Litigation, Case No. 13-3264 (7th Cir. Aug. 20, 2015), the U.S. Court of Appeals for the Seventh Circuit upheld a fee award to class counsel in a class action that resulted in a “coupon settlement” – a settlement in which the defendant agrees to issue coupons to the class members.