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Coupon settlements may be audited by an independent expert before judicial approval to ensure that the settlement will be of value to the class members (28 U.S.C.A. 1712(d)). In the United States, federal courts must hold a hearing and make specific findings that the coupon settlement is fair, reasonable, and adequate and that the class members ...
Grant House and Sedona Prince v. National Collegiate Athletic Association, et al. is a settled class action lawsuit brought against the National Collegiate Athletic Association (NCAA) and five collegiate athletic conferences in which the NCAA agreed to allow its member institutions to distribute funds to Division I athletes who have played since 2016.
The settlement would be what several administrators describe as “permissive”: A school does not have to share $20 million with its athletes but the agreement opens the door to give schools the ...
The panel did agree that the NCAA had a necessary interest in "preserving amateurism and thus improving consumer choice by maintaining a distinction between college and professional sports", but their practices still violated antitrust law. Judge Milan Smith wrote "The treatment of Student-Athletes is not the result of free market competition ...
If you want to exclude yourself from the settlement, class members have the option to "opt out" before November 1. This allows you sue or be part of another related lawsuit against the defendants ...
Bank of America must be used to shelling out billions to settle class-action lawsuits by now. One settlement involving the company in 2012 stipulated it reimburse shareholders $2.43 billion for ...
Nemeth that an injured football player was an "employee" of the University of Denver and therefore entitled to workers' compensation. [1] Despite further attempts by the NCAA to classify student-athlete compensation as a violation of the Commerce and Contracts Clauses of the U.S. Constitution, "amateurism" in college sports had begun to fade as ...
The settlement resolves a class-action lawsuit filed by lead plaintiff, Theresa Sweet, against Betsy DeVos, the U.S. Secretary of Education under the Trump administration, after the education ...