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317.636.6481

One Indiana Square, Suite 1400 Indianapolis, Indiana 46204

Make a Payment
  • Home
  • Firm Overview
  • Our Attorneys
  • Practice Areas
    • Pharmaceutical Drug & Medical Device Litigation
    • Personal Injury
    • Sexual Abuse
    • Class Action
    • Medical Malpractice
    • Eminent Domain
    • Family Law
    • Business Services, Real Estate & Business Litigation
    • Bankruptcy, Creditor’s Rights, & Commercial & Business Law
    • Appellate Law
  • Firm News
    • News & Announcements
    • Alerts
  • Resources
    • Video Library
    • Blog
  • Contact Us

Home » Court Grants Final Approval to $10,000,000 Class Action Settlement

Court Grants Final Approval to $10,000,000 Class Action Settlement

On December 12, 2011, the Johnson Circuit Court granted final approval to a partial class action settlement agreement negotiated by Cohen & Malad, LLP involving payment of over $10,000,000  as part of the resolution of certain claims of thousands of customers who purchased pre-need cemetery goods and services at Indiana cemeteries. The class action lawsuit brings claims on behalf of consumers whose funds were looted from pre-need cemetery trusts. The final approval order follows an attempt by a non-settling defendant to object to the settlement, which was rejected by the Indiana Court of Appeals earlier this year in a decision which adopted the standard from other jurisdictions to hold that under Indiana law non-settling defendants who suffer no prejudice from a settlement lack standing to challenge a partial settlement among other parties.

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