![]() “Although Plaintiffs’ Counsel have not yet received all invoices for costs incurred, they anticipate their expenses will be within that amount,” the settlement states. RB’s also not opposing paying the attorneys’ estimate of up to $750,000 in additional expenses. The fees are equal to 25% of the settlement the expense “lodestar” when the settlement was submitted was $5.36m. ![]() “Any funds remaining after calculating valid claims will be distributed to Claimants by increasing the amount of their valid cash or product claims up to three times the original claim amount,” the settlement states.Īttorneys’ fees of $12.5m “plus reimbursement of litigation expenses” the two firms representing the plaintiffs will receive from the settlement aren’t opposed by RB. The agreement also states that the firm won’t recover any money it pays to the class fund. paid $45m, according to Blood’s settlement proposal.įor its part, RB approved stating in the settlement that “to avoid costs, disruption and distraction of further litigation, and without admitting the truth of any allegations made in or related to the Action, or any liability,” it “concluded that it is desirable that the claims against it be settled and dismissed on the terms” in the agreement. paid $40m in a Western Kentucky District settlement in a Northern Ohio District settlement, Dannon Co. The 2105 class members “were limited to recovering $3 per unit purchased for up to 4 units purchased” and even when they had proof of purchase, they “only received $10 per unit purchased for up to 5 units purchased.”īlood also contended in the proposed settlement that based on his experience in representing plaintiffs in class actions alleging false advertising by shoe and yogurt companies, the RB settlement “represents the largest or among the largest recovery in a false advertising action involving a retail product.” In the proposed settlement with RB, Blood explained that he also represented a class in a previous complaint alleging false advertising by RB in claims for Move Free Advanced and other supplements it markets. The latest class settlement, Blood stated, “is far better than” the 2015 settlement for $6.51m he negotiated in the Southern California District. ‘Far Better’ Than 2015 Move Free Settlement With RB
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