📰 Cy Pres News & Updates
Latest news and developments in cy pres settlements and class actions
U.S. District Court (S.D. Ohio) rejected a $10.5M settlement because proposed recipient PIRG was not sufficiently related to false advertising claims in bed sheets case. This ruling underscores the importance of selecting cy pres recipients that have a clear nexus to the underlying claims.
Read Full Article →SCOTUS declined to hear challenge to Second Circuit's approval of $2.25M cy pres-only settlement with no distribution to class members. The decision allows the Second Circuit's approval to stand, representing a significant development in cy pres jurisprudence.
Read Full Article →Court approved settlement establishing nonprofit for student loan counseling despite no direct payments to class members in Hyland v. Navient. This precedent-setting decision addresses the validity of cy pres-only settlements where direct distribution is impractical.
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