$3M Nutella Settlement Goes Through After Atty Award Slashed

Law360, New York (July 31, 2012, 4:25 PM EDT) -- A New Jersey federal judge on Tuesday approved a $3 million settlement offer by Ferrero USA Inc. to resolve consumer claims over allegedly misleading ads for its Nutella spread, after class members objected to the proportion of a previous $5.5 million proposal that was earmarked for class counsel.

U.S. District Judge Freda L. Wolfson signed off on the new settlement, which includes a $2.5 million settlement fund and a $500,000 award to class counsel in relation to injunctive relief. The deal slashes the $3 million that...
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