Bi-Partisan Group of Attorneys General File Brief Supporting CEI’s Challenge of ProFlowers’ Worthless Coupon Settlement

Attorneys general from 13 states filed an amicus brief supporting the Competitive Enterprise Institute’s Center for Class Action Fairness (CCAF) in its challenge of an unfair class action coupon settlement that involves Provide Commerce, Inc., the parent company of Proflowers.com. The case, In re: Easysaver Rewards Litigation, is on appeal before the U.S. Court of Appeals for the Ninth Circuit.
In Easysaver, class counsel intentionally inflated the value of the settlement—to the tune of $38 million—in order to recover $9 million in attorneys’ fees for themselves, while providing only $200,000 to less than 1% of class members, and leaving 99.8% of class members with a worthless coupon.
“This settlement highlights the various tricks that class counsel employs to create the false perception that they are generating value for class members,” said CCAF attorney Adam Schulman. “The bi-partisan group of attorneys general agreed with CCAF that the settlement harms consumers because it gives an outsized

Continue Reading....

Check Also

Obama Administration’s Internet Regs Suffer First Huge Blow

Facebook Twitter Google+ Pinterest LinkedIn Digg Del StumbleUpon E-mail Reddit Buffer Love ThisThe Daily Caller …

Leave a Reply

Send this to friend