West/Kaplan Propose to Settle Bar/Bri Class Action

From Law.com: West and Kaplan are proposing to settling the antitrust lawsuit over Bar/Bri for a total of $49M, of which $37M would go to class members (the rest goes to attorneys), or about $125/class member. If class members really were overcharged $1,000 each, this is a pretty good deal for West and Kaplan!

UPDATE: It looks like at least one plaintiff isn’t happy with this settlement. See the petition.

UPDATE 2: WSJ Law Blog weighs in. Read the comments.

UPDATE 3: The NYT weighs in.

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