In another win for class action objector Ted Frank, Judge Richard Posner tossed a class action settlement, finding it not just “inequitable,” but “scandalous.”
On Monday the U.S. Court of Appeals for the Seventh Circuit refused to approve the settlement in a consumer class action against the window maker Pella Corporation. In a unanimous 23-page decision that reversed the lower court, the Seventh Circuit concluded that the Illinois-based plaintiffs lawyer driving the case, Paul M. Weiss, improperly appointed his father-in-law as lead plaintiff and negotiated a wildly disproportionate $11 million fee.
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