Certum Group’s Post

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Cy pres awards should be avoided in class action settlements. A recent class action settlement rejection shows how a major issue could have been prevented with an agreement to increase class members’ benefits pro rata so that there was no money left to be distributed. We discuss the significance of Hawes v. Macy’s and lay out some lessons learned in this blog post. Read it here: https://hubs.ly/Q02gQQgf0 #cypres #classaction #classactionsettlement

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