Dial MDL's $7.4M Settlement Too 'Dubious' To Allow, Feds Say
Law360 (May 10, 2019, 10:15 PM EDT) -- The federal government on Friday asked a New Hampshire federal court to reject a "dubious" $7.4 million proposed settlement in multidistrict litigation over misleading Dial Corp. antibacterial soap ads, saying shoppers' class counsel would gobble up more than half.
The attorneys would collect $3,825,000 in fees and $573,141 in costs from the settlement, while class members would share $2,325,000 and collect a maximum of $8.10 if they fail to cobble together proofs of purchase, a split of the proceeds that the federal government deemed to not be "fair, reasonable, and adequate," according to its statement of interest. Dial would also spend an unspecified...
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