Summary
denying approval where settlement was “a claims-made settlement with no minimum distribution. In other words, only claims are paid, and any remainder will revert to Defendants. A reversion provision, like the one contained in the agreement here, is yet another indication that the proposed agreement does not meet the standards set forth in Rule 23(e).”
Summary of this case from Small v. Target Corp.Opinion
Case No.: 10-CV-01455-LHK
04-05-2012
MELISSA FERRINGTON, CHERYL SCHMIDT, CHRISTOPHER BENNETT AND CHRISTI HALL, Plaintiffs, v. MCAFEE, INC., ARPU, INC., D/B/A TRYANDBUY.COM, Defendants.
ORDER REQUESTING PARTIES TO PROVIDE UPDATED CLAIMS INFORMATION
By April 6, 2012, the parties shall file a report with the following information as of the close of the claims period:
1. The percentage and total number of the class who filed claim forms.
2. The total amount of claims paid to the class, including the amount paid in cash benefits and the number and duration of software licenses given to the class.
IT IS SO ORDERED.
___________________________
LUCY H. KOH
United States District Judge