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    Lawsuits and Judicial Decisions Zurakov v. Register.com Class Action Settlement Proposed
    posted by michael on Wednesday August 27 2003, @07:28PM

    It seems Register.com and Michael Zurakov have agreed to a proposed settlement for the class action lawsuit recently discussed on ICANNWatch. Class members will get the following valuable consideration:
    Register.com has agreed to provide each Class Member with a certificate, in the form of a promotional code, for $5.00 (five dollars) off the costs of Register.com's domain name registration fees or the costs of domain name renewal fees for all domain names registered or renewed using Register.com's services (the "Certificate") for a redemption period of nine (9) months following the issuance of the Certificate.
    The munificence of this reward may reflect that fact that the claim, while perhaps not utterly without a shred of merit, was not exactly the most compelling I ever heard. Of course, there's a little extra vigorish for the lead plaintiff and a big extra for class counsel:



    Register.com has also agreed to pay Mr. Zurakov $12,500.00 for his services as the representative of the Settlement Class. Defendant will also pay reasonable Class Counsel attorneys’ fees and costs in an amount not to exceed $642,500.00, subject to Court approval. Register.com is also paying for the costs of sending [a Notice to class members], administrative costs associated with the settlement, and will pay the costs of sending Certificates to all Class Members who do not opt out of this Settlement.
    Another great victory for American justice, yes indeed.

     
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    This discussion has been archived. No new comments can be posted.
    Zurakov v. Register.com Class Action Settlement Proposed | Log in/Create an Account | Top | 2 comments | Search Discussion
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    This is what created lawyer jokes ...
    by dmehus on Thursday August 28 2003, @08:39AM (#12138)
    User #3626 Info | http://doug.mehus.info/
    I have to say, this is what created so many (some, not so nice) lawyer jokes. Isn't it pathetic when the lawyer(s) is(are) the biggest beneficiary of a class-action lawsuit settlement? Sure, they do a lot of the work. But how much work does the lawyer actually do? I'm not a legal expert by any means, so please correct me if I am wrong, but doesn't the paralegal actually type up the legal briefs and other court papers from the lawyer's barely legible handwriting?

    Cheers,
    Doug
    Doug Mehus http://doug.mehus.info/ [mehus.info]
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