Models Win $21 Million in Lawsuit, Must Donate $2 Million to Charity
Filed under: Charity
The New York Daily News reported last week that five women's charities -- including an eating disorder program -- will share $2 million from a class-action settlement with major modeling agencies, as ordered by a federal judge. The money is what is left over after thousands of aspiring and established models got their share of a $21 million settlement with the agencies, including Wilhelmina, Ford and Click. The models sued in 2002, claiming the agencies fixed prices. A settlement was reached in 2005, but legal disputes delayed the final payouts. Manhattan Federal Judge Harold Baer originally ruled that after the models and their lawyers were paid, the remaining $6 million would be divvied up among the charities. The models and their lawyers appealed his decision, and after recalculating the payouts, a $2 million pool was left. Baer signed a final order that included $347,826 for Columbia University's eating disorders program and $173,913 for its heroin detox program. The National Heart, Lung and Blood Institute will receive $86,956 for its "Heart Truth" campaign and New York University School of Medicine will receive $347,826 for two heart research studies aimed at women.
We're a step closer to
Coach and Target are at it again. In 2006 the luxury handbag brand took on the retailer over designs that looked similar to their offerings and that case ended in a private settlement. Now Coach is ready to step back into court with Target over a fresh set of designs that look just a little too close to their own much-more-expensive offerings. Coach
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