Pentium 4 Processor
According to the settlement terms, class members who submit a valid claim form may receive a $15 refund. In addition, the companies agreed to make a $4,000,000 cy pres distribution to computer and education non-profit entities. A final approval hearing is scheduled for January 23, 2015. For more information, go to www.intelpentium4litigation.com. (Skold et al v. Intel Corp., et al, Case No. 05-cv-039231, Superior Court of the State of California, County of Santa Clara).
(French for “as near as possible”): a legal doctrine that requires a judge to consider the manner in which unclaimed settlement funds in class action lawsuits are distributed. Under this doctrine, the remaining funds must be distributed for the indirect benefit of the class instead of benefiting the defendant.