The U.S. Court of Appeals for the Third Circuit has thrown out an objector’s claim that a $10 million settlement of an environmental class action against Honeywell International Inc. was approved without sufficient factual inquiry.
In a case brought on behalf of Jersey City homeowners over chromium contamination from a former industrial plant, the objector claimed the approval should not have been granted without sufficient information about the extent of chromium contamination in the neighborhood. But the evaluation of a class action settlement for the best possible recovery is a fact-specific inquiry that must be tailored to the nature of the claims and the record developed in discovery, Judges Thomas Ambro, Thomas Vanaskie and Anthony Scirica ruled in Halley v. Honeywell International.
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