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On The Lawfulness Of Awards To Class Representatives, Benjamin Gould
On The Lawfulness Of Awards To Class Representatives, Benjamin Gould
Cardozo Law Review de•novo
When class actions are settled or the class prevails on the merits, successful class representatives are often net losers: their individual recovery does not cover the opportunity costs and other losses they have incurred in representing the class. For that reason among others, they frequently receive an award on top of their relief as class members. The federal courts of appeals had unanimously approved these awards until recently, when the Eleventh Circuit relied on two nineteenth-century cases to hold that they are always unlawful. That decision is now the subject of a cert petition. The Eleventh Circuit got it wrong. …