Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
- 16,396
- 2,180
Got my check today, I forgot I ever had state farm...
Damn these lawsuits take along time, $106 bucks after lawyer fees and splitting it up..... it was started in 1997.
$250M State Farm Class Action Settlement Gets Final Approval | Top Class Actions
Insurance policyholders represented in a State Farm racketeering class action lawsuit managed to secure final approval of a $250 million settlement, despite objections to the deal.
Lead plaintiffs alleged in the class action lawsuit that State Farm colluded with an Illinois Supreme Court judge to overturn a $1 billion judgment against the company in a consumer fraud class action lawsuit that was initiated in 1997.
After reportedly accepting State Farm bribes to his re-election campaign, the plaintiffs claimed that the judge overturned the verdict.
The parties agreed to settle the State Farm racketeering class action lawsuit in September of this year. Under the terms of the settlement, the insurance company will pay $250 million to end the class action; however, one Class Member filed an objection.
The objector, Lisa Marlow, argued that the class counsel fees are too high at $90 million. Further, she claimed that the State Farm racketeering class action lawsuit allegations are too strong and the potential award, $7 billion according to the objector, too high to settle for a mere $250 million.
Damn these lawsuits take along time, $106 bucks after lawyer fees and splitting it up..... it was started in 1997.
$250M State Farm Class Action Settlement Gets Final Approval | Top Class Actions
Insurance policyholders represented in a State Farm racketeering class action lawsuit managed to secure final approval of a $250 million settlement, despite objections to the deal.
Lead plaintiffs alleged in the class action lawsuit that State Farm colluded with an Illinois Supreme Court judge to overturn a $1 billion judgment against the company in a consumer fraud class action lawsuit that was initiated in 1997.
After reportedly accepting State Farm bribes to his re-election campaign, the plaintiffs claimed that the judge overturned the verdict.
The parties agreed to settle the State Farm racketeering class action lawsuit in September of this year. Under the terms of the settlement, the insurance company will pay $250 million to end the class action; however, one Class Member filed an objection.
The objector, Lisa Marlow, argued that the class counsel fees are too high at $90 million. Further, she claimed that the State Farm racketeering class action lawsuit allegations are too strong and the potential award, $7 billion according to the objector, too high to settle for a mere $250 million.