Judge says loan scheme targeting concussed NFL players had interest rates as high as 50%; an ‘unfortunate’ situation, says Kathryn Honceker, chair of the Class Action Department

She voids repayment obligations By Ken Belson | The New York Times United States District Court Judge Anita Brody voided questionable loans to former N.F.L. players whose cognitive impairment may have inhibited their ability to understand the terms. Credit U.S. District Court in Philadelphia, via Associated Press. A group of former pro football players with cognitive impairment who took out …

University of Missouri Law School Guide to Class Action includes Rose Law Group Class Action Chair, Kathryn Honecker

Rose Law Group’s Class Action Chair, Kathryn Honecker, has been referenced in the University of Missouri Law School Guide to Class Action. Here’s an excerpt from the guide: “In order for an action to be brought under FRCP 23, the requirements of Rule 23(a) must be met. These requirements are generally summarized in four key words: numerosity, commonality, typicality, and adequacy. Numerosity.   Numerosity requires …

Rose Law Group’s Jonathan Udell on ABA’s ‘Sound Advice’ podcast

ABA: Jonathan Udell discusses when plaintiffs in class actions can bring claims involving products that they did not purchase. In general, some courts examine the similarities between the product that the plaintiff purchased and the other products at issue, while other courts consider if the claims will be resolved identically. LISTEN HERE:

U.S. agency moves to allow class-action lawsuits against financial firms; Class actions necessary to protect consumers says Kathryn Honecker, Chair of Rose Law Group Class Action Dept

By Jessica Silver-Greenberg and Michael Corkery | The New York Times The nation’s consumer watchdog is adopting a rule on Monday that would pry open the courtroom doors for millions of Americans, restoring their right to bring class-action lawsuits against financial firms. Under the Consumer Financial Protection Bureau rule, banks and credit card companies could no longer force customers into arbitration …

Kathryn Honecker, Rose Law Group Chair of Class Action Department, receives enthusiastic review as contributing author of ‘The Class Action Fairness Act: Law and Strategy’

From the American Bar Association book review of The Class Action Fairness Act: Law and Strategy By Charles S. Fax “Graphics are one of the best features of the book, effectively enhancing the material’s accessibility. Contributor Kathryn Honecker, [Co-Chair of the American Bar Association’s Section of Litigation’s Consumer Litigation Committee, previously served as Co-Chair of the Class Actions & Derivative Suits Committee], has …

Kathryn Honeker, Rose Law Group Class Action Department Chair, comments on Target’s decision to refund more than $90 million for fake Egyptian cotton sheets

Business Insider Target is offering customers millions of dollars in refunds after discovering that it sold fake Egyptian cotton sheets. The sheets were manufactured by Welspun India, a global textile company that’s a key supplier to many US retailers including Bed Bath & Beyond, Walmart, JCPenney, and Macy’s, Bloomberg reports. Welspun’s shares have fallen 20% after the news. The sheets were sold …