PRETRIAL ADJUDICATION
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Pleading
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Class Actions
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Generally
............Class Notice
2 Cards On This Topic:
Percentage of fund method survives in CA class action, and properly used here to approve the 1/3 of settlement fee request; courts may conduct or forgo lodestar cross-check and use other means to evaluate whether a percentage fee is reasonable.
Judgment reversed where class notice failed in its fundamental purpose to apprise class members of the terms of proposed settlement, injecting a fatal flaw into the process and undermining the court's analysis of fairness.