United States Seventh Circuit

A negotiated settlement awarding nothing to the larger of two plaintiff classes should not have been approved. The district court failed to estimate the litigation value of the claims of the "information-sharing" class and to determine whether the settlement is a reasonable approximation of that value.

Appellate Information

• Decided 01/29/2004
• Published 01/29/2004

Judges

• POSNER, Circuit Judge., Before BAUER, POSNER, and ROVNER, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• James Shedden,Beeler, Schad & Diamond, Chicago, IL, John P. Zavez, Atkins, Kelston & Zavez, Boston, MA, for Objector-Appellant.


• For Appellees:
  
• Jon W. Borderud, Prongay & Borderud, Los Angeles, CA, Oren Giskan, Giskan & Solotaroff, New York, NY, for Plaintiff-Appellee., Christina M. Tchen, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, Gary DiBianco, Skadden, Arps, Slate, Meagher & Flom, Washington, DC, for Defendant-Appellee.