The L.A. Rams have reached a $24 million settlement with former ticketholders to resolve class claims the team misled them about plans to move to L.A.
The parties sought preliminary approval of the deal from the U.S. District Court for the Eastern District of Missouri Dec. 5.
Each class member will receive 30 percent of the price of their personal seat license, which amounts to a “substantial cash payment in the hundreds or thousands of dollars,” the settlement says.
Class counsel could receive up to $7.2 million in attorneys’ fees and $200,000 in costs under the deal. The fees will not come from the fund for class members.
Fans say they bought tickets, concessions, and merchandise from the St. Louis Rams with the understanding that the team’s owner had no intent to move the team to another city.
The National Football League team didn’t reimburse them for the costs of licensing rights for the years after the team moved, they say.
The suit was certified as a class action in March.
Richard Cornfeld in St. Louis, The Bruning Law Firm LLC, Goldenberg Heller & Antonoli P.C., Bermudez Law STL LLC, Martin M. Green in St. Louis, and Danna McKitrick P.C. represented the ticketholders.
Dentons US LLP represented the Rams.
The case is McAllister v. St. Louis Rams, LLC, E.D. Mo., No. 16-172, motion for settlement approval 12/5/18.