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Texas High Court Case Puts Cy Pres In The Crosshairs

By Jess Krochtengel (November 7, 2013, 10:37 PM EST) -- Texas argued Thursday in a state Supreme Court challenge that cy pres settlements may cheat absent class members out of what they're owed, an argument that, if successful, could disrupt how private class actions are negotiated because of the importance charitable donations hold in reaching settlements, attorneys say....

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