So, setting aside the merits of these suits...
Does anyone know what the mechanics of this consolidation entail?
At the moment, there are ~60 "lead plaintiffs" and "lead councils." Clearly in a consolidated lawsuit that number would be rather dramatically reduced. How does the court select THE lead plaintiff/council to take the matter forward (presumably all of the rest of the "lead plaintiffs" simply become class members like everyone else)? Do any of them get anything for their presumed trouble? I don't see *either* answer as being a particularly positive thing. If they do get paid, then that implies an easy payday for ambulance chasers who see a situation like this show up in the news. If they don't, then that reduces the incentive for *legitimate* class action plaintiff attorneys to take on cases.