cdrhiggins
cdrhiggins t1_jea18rp wrote
Reply to comment by BrotherItsInTheDrum in Judge OKs deal in minor leaguers' $185 million suit vs. MLB by BCLetsRide69
Maybe I'm reading it wrong. From my understanding, the plaintiffs are sharing $600,000. An individual plaintiff is receiving a payment of $15,000 or $7,500, depending on their group.
There's a bunch of numbers there, so if I'm wrong, I apologize.
EDIT: yep, I misunderstood. $600,000 to the REPRESENTATIVES. The other $120 million goes to the players.
cdrhiggins t1_je9sizz wrote
Reply to comment by Sgt-Pumpernickel in Judge OKs deal in minor leaguers' $185 million suit vs. MLB by BCLetsRide69
Litigation costs are the fees spent pursuing or defending a legal claim or litigation. These charges may include attorney's fees, court filing fees, expert witness fees, and other costs associated with case preparation and presentation. In this case, it looks like the attorney fees and other litigation fees were separated.
cdrhiggins t1_je8kiry wrote
>$55 million will go to attorneys' fees, about $4.65 million to litigation costs, $995,000 in settlement administration expenses, $600,000 to class representatives in payments of $15,000 to 40 people and $37,500 to five named plaintiffs who are not class representatives in payments of $7,500 each. About $1.7 million will go to the California Labor and Workforce Development Agency.
Always interesting to see that the majority of these how much of these multimillion dollar suits are typically fees and expenses and not actual payments to the plaintiffs.
cdrhiggins t1_jea3413 wrote
Reply to comment by Sgt-Pumpernickel in Judge OKs deal in minor leaguers' $185 million suit vs. MLB by BCLetsRide69
You're welcome!