Indirect Purchaser Class-Action Settlements
Still fighting a virus and a heavy schedule, so my apologies for providing only a brief post this week.
So let me point you to a working paper from the American Antitrust Institute, titled Indirect Purchaser Class Action Settlements. The paper was prepared by plaintiffs' lawyers, and is
intended to respond to the contentions made by corporate interests that indirect purchaser antitrust actions benefitted only plaintiffs’ attorneys and resulted in, at best, cy pres recoveries for the indirect benefit of the class members.
While the paper may have been written to rebut "corporate interests" (presumably critics of class actions), it does provide a case-by-case inventory of settlements in indirect purchaser class actions. That inventory may be useful for any number of purposes, including valuing upcoming settlements and determining the amount of fees class-action attorneys tend to receive.
Andrew Trask has defended more than 100 class actions, involving all stages of the litigation process. While his work has