What If The Settlement Is Approved By The Court And There Are Settlement Funds Remaining?
If approved by the Court, the balance of the Settlement Fund remaining after payment of all Claims, administrative fees and expenses and attorneys’ fees and expenses will constitute a cy pres award to the BAR/BRI Public Interest Law Fund, to be administered by the American Bar Association. The BAR/BRI Public Interest Law Fund will provide monetary aid to law students entering or agreeing to enter the public service or law school graduates who have entered the public service, subject to verifiable criteria. In no event shall a cy pres distribution be used directly or indirectly to compensate Defendants or their affiliates.
