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Carl MCall was the lead plaintiff in the largest class action settlement in America.
The central rationale behind an opt-out is that the class action settlement is inadequate.
Economics experts have endorsed a $512 million class action settlement by Christie's and Sotheby's, court papers filed late Friday showed.
Parties agreed to engage in settlement negotiations, and to submit their class action settlement proposal to Judge Koh for approval.
CalPERS, the largest pension fund in the U.S., opted out of the 2011 class action settlement in the Lehman case.
Class action settlement has Palm pulling plugs [BGR].
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The class-action settlement covers only Maryland.
Indus's $4.3 million class-action settlement was also relatively small.
Approval of a proposed class-action settlement is not guaranteed.
The league would not agree to a class-action settlement, said one person briefed on negotiations.
Richard F. Levy was the lawyer who negotiated the original class-action settlement for the tenants.
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