In their discussion of coupon settlements in class action lawsuits, Mezzetti and Case find that some coupons may be better than others, but generally find value in this type of settlement. Finding value for class members, practitioners, and courts in this type of dispute resolution, the authors submit that all coupon settlements should not be discounted as a means of redress. The authors propose a minimum settlement pay-out in coupon settlements where it is necessary to avoid conflict or concerns about valuation of the settlement.
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