|
P1344 In approving settlement of a class action, the trial court is not required to determine the best of all possible recoveries, but only to determine whether the settlement that was reached is fair and reasonable; settlement of a putative class action brought on behalf of approximately 5.5 million class members and calling for coupons entitling each to extra service from defendant for one month without extra charge was properly found to be fair and reasonable since it was reached through arm's-length bargaining between experienced counsel, with sufficient opportunity for investigation and discovery, and with only four class members objecting.CitationCHAVEZ v NETFLIX (Class Settlement) 162 CA4 43 [See: Dunk v Ford Motor Co 48 CA4 1794, T/AT 10/96]
|
|
