A class-action suit against a utility company resulted in a settlement of $1.2 million for 62,000 customers.
Question:
A class-action suit against a utility company resulted in a settlement of $1.2 million for 62,000 customers. If the legal fees, which must be paid from the settlement, are $300,000, what amount will each plaintiff receive? (Obj. 4)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Focus On Personal Finance
ISBN: 9780073382425
3rd Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
Question Posted: