When Am Law Litigation Daily blog editors saw Wednesday that Acer America had reached a $280 million settlement in a San Francisco federal district court class action, they quickly downloaded the motion seeking approval of the deal. After all, a quarter-billion dollars is nothing to sneeze at, especially over the not-quite-heinous allegations that Acer didn’t give computer customers a Windows recovery disk like the the one that comes in stand-alone retail copies of the Microsoft operating system.
The settlement papers claim that the deal, which was negotiated between plaintiffs lawyers at Gutride Safier and Acer’s attorneys at Quinn Emanuel Urquhart & Sullivan, “provides for an estimated $280 millionin benefits on a claims-made basis,” in the form of new recovery disks for class members. Take 14 million Acer computers sold during the class period, multiply by a $20 value for the CD, and you get $280 million.
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