Posted On:
March 26, 2008
Class Action Settlement with General Motors in California
Yesterday, a California judge has granted preliminary approval to a class action settlement between General Motors. The settlement would entitle an estimated 20 million plaintiffs thoughtout the country in the car litigation class action lawsuit to $50 to $800 per repair for performance problems in almost three dozen General Motors car lines.
The lawyers' fees in this case where the claimants will at most recover $800 is $16.5 million. In mass tort cases, lawyers certainly get large fees as well. But from the standpoint of a personal injury lawyer, it is odd that lawyers would get such large fees in cases where the clients have such a small vested interest.
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