St. Louis Rams and PSL Owners Reach $24-million Settlement of Class Actions says Goldenberg Heller & Antognoli, P.C.
Retrieved on:
Thursday, December 6, 2018
Thirty percent is based on an amount equivalent to the nine years remaining on the 30-year PSL contract when the Rams moved to Los Angeles after the 2015 season.
Key Points:
- Thirty percent is based on an amount equivalent to the nine years remaining on the 30-year PSL contract when the Rams moved to Los Angeles after the 2015 season.
- "This settlement provides a substantial benefit that matches the relief we sought in the lawsuit," said Kevin Green, attorney with Goldenberg Heller & Antognoli, P.C.
- PSL contracts initially were sold by an entity called "Fans, Inc." In April 1996, the Rams started selling PSLs directly.
- Attorneys for the PSL holders have filed a motion asking the court to preliminarily approve the settlement.