2008
DOI: 10.2139/ssrn.1206315
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How Transparent are Class Action Outcomes?: Empirical Research on the Availability of Class Action Claims Data

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Cited by 1 publication
(2 citation statements)
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“…Pace and Rubenstein investigated distribution rates in interviews with judges, lawyers and administrators in 57 class actions, which produced usable information on 11 cases. 122 Three cases had distribution rates below 5%, two of which were below 1%; four cases had distribution rates between 20-40%; and two cases had distribution rates above 50%, one at 65% and one at 82%. The cases with the highest claiming rates had very small class sizes (a few hundred members).…”
Section: Consumer Actionsmentioning
confidence: 86%
See 1 more Smart Citation
“…Pace and Rubenstein investigated distribution rates in interviews with judges, lawyers and administrators in 57 class actions, which produced usable information on 11 cases. 122 Three cases had distribution rates below 5%, two of which were below 1%; four cases had distribution rates between 20-40%; and two cases had distribution rates above 50%, one at 65% and one at 82%. The cases with the highest claiming rates had very small class sizes (a few hundred members).…”
Section: Consumer Actionsmentioning
confidence: 86%
“…Pace and Rubenstein addressed the issue of the transparency of outcomes in 2008. 157 A sample of 31 federal class action settlements confirmed that the distribution of benefits to class members in at least some cases fell far short of the ideal. A very small number of state courts made an attempt to track class actions to any degree.…”
Section: Meritsmentioning
confidence: 99%