Friday, January 10, 2014

NFL $765 Million Concussion-Settlement Prediction May Be Way Off | PRLog

NFL $765 Million Concussion-Settlement Prediction May Be Way Off | PRLog:
PRLog (Press Release) - Jan. 9, 2014 - WASHINGTON, D.C. -- WASHINGTON, D.C. (Dec. 9, 2014):  Although an attorney representing many players regarding a proposed $765 million dollar settlement of concussion-related medical problems says that the vast majority of NFL retirees will accept the controversial deal, this optimism is contradicted by many without a versed interest in the settlement, notes public interest law professor John Banzhaf.

        The tentative deal apparently was to be presented to a federal judge for approval shortly after it was announced many months ago, but even that initial step was held up when the judge, immediately following allegations of possible wrongdoing, appointed a special master to investigate and report back to her.

        More specifically, he is "reportedly investigating allegations of  'double dipping' on the part of some plaintiffs’ attorneys," according to a Pennsylvania legal journal.  Forbes reported it in an article entitled "NFL Concussion Lawsuit Settlement Agreement Stalled By Judicial Intervention."

        Banzhaf has predicted that more than 2,000 retirees are likely to opt out of the deal, a prediction based upon private conversations, as well as on remarks by other impartial commentators.

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