Stephen Rossi Quoted in Law360
Stephen Rossi was quoted in the article, "PAGA Intervention Ruling Raises 'Reverse Auction' Fears," published by Law360 on August 2, 2024. The article discusses the California Supreme Court's ruling in Turrieta v. Lyft which determined that ride-hail drivers pursuing PAGA cases cannot intervene in separate cases with overlapping claims. In response to the decision, some plaintiffs' attorneys expressed concerns about potential "reverse auctions" leading to lower settlements, while management-side attorneys argued that existing safeguards would prevent such outcomes and that the ruling could simplify settlement negotiations.
From the article...
"'I do think that there will be motivation to arrive at the finish line first. I don't think that it's necessarily going to create a race to the bottom,' said Stephen Rossi of Mitchell Silberberg & Knupp LLP. 'I guess one way of getting there first is agreeing to a lower settlement value, but as the court said, the trial courts and the LWDA have to review it.'"
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