In the News Today - October 10, 2018

October 10, 2018

Data Breach-Related Securities Lawsuits on the Rise: D&O Diary’s Kevin LaCroix in a blog that there has been a “recent uptick” in the number of data breach-related securities class action lawsuits. He said the lawsuits against Huazhu Group, Chegg, and Yahoo signal a “greater willingness to pursue these kinds of cases.” (D&O Diary)

Texas Counties To Release Private Lawyer Billing Records for Free: The Texas counties that demanded tens of thousands of dollars to release the billing records of the private attorneys representing them in opioid-related lawsuits have agreed to release them for free. The change comes after complaints to the Texas Attorney General’s Office that alleged the cost demands violated the Texas Public Information Act. (Legal Newsline)

Class Action Settlement “Appears Inaccurate on its Face”: A California federal judge has refused to grant preliminary approval to a class action settlement involving New Balance because the estimated class member’s recovery “appears inaccurate on its face.” The settlement, which leaves $535,000 to class members after $215,000 is taken for administration costs, says each member will get $10. For this to work, however, the judge said the claim participation rate “would have to be abysmally low.” (Law360)