Post by Logan on Feb 11, 2016 5:49:35 GMT -6
CalPERS loses key court decision in lawsuit over long-term care
Plaintiffs, 1. CalPERS, 0.
A court fight over a massive two-year rate hike on some CalPERS long-term care policies drew a step closer to reality with a recent court ruling that one case can represent 133,000 people who purchased plans.
The decision by Los Angeles Superior Court Judge Jane L. Johnson late last month concludes that those purchasers’ concerns are best handled as a class-action matter that pools legal resources and lumps all the plaintiffs together.
Sacramento attorney Stuart Talley said Monday, “This means we can proceed as one lawsuit for everybody instead of (133,000) separate lawsuits.”
Of course, it’s a huge win for Talley’s legal team. Now one case has the potential to award millions of dollars, so the lawyers’ cut for trying and winning the one case jumps up too.
Read more here: www.sacbee.com/news/politics-government/the-state-worker/article59381353.html
Plaintiffs, 1. CalPERS, 0.
A court fight over a massive two-year rate hike on some CalPERS long-term care policies drew a step closer to reality with a recent court ruling that one case can represent 133,000 people who purchased plans.
The decision by Los Angeles Superior Court Judge Jane L. Johnson late last month concludes that those purchasers’ concerns are best handled as a class-action matter that pools legal resources and lumps all the plaintiffs together.
Sacramento attorney Stuart Talley said Monday, “This means we can proceed as one lawsuit for everybody instead of (133,000) separate lawsuits.”
Of course, it’s a huge win for Talley’s legal team. Now one case has the potential to award millions of dollars, so the lawyers’ cut for trying and winning the one case jumps up too.
Read more here: www.sacbee.com/news/politics-government/the-state-worker/article59381353.html