In re Magazine Antitrust Litigation
- Case Date: 5/2/2003
- Project Name: Reining in the Plaintiffs' Bar
On February 16, 2004, WLF scored a major victory when a federal court denied entirely a request for a $1.1 million attorney fee award in a class action in which the class members received no compensation. WLF argued in its brief filed on behalf of itself and several consumers that the requested fees were excessive in comparison to the relief provided to class members in the settlement agreement. The court agreed with WLF, finding that the relief obtained by the plaintiffs was merely "technical" in nature. The plaintiffs' lawyers charged that the defendants (14 publishers) had conspired to maintain minimum prices on their magazines. In the settlement agreement, the defendants admitted no wrongdoing and paid nothing to the plaintiffs, but agreed to pay the lawyers a large fee in return for their dropping the lawsuit.
More Information and Downloads:
5/2/2003: Download the Brief