By Maria Chutchian
Law360, New York (September 28, 2012, 10:15 PM ET) -- A California federal judge declined Friday to approve Groupon Inc.'s $8.5 million settlement with the plaintiffs in multidistrict litigation accusing the daily deals giant of selling certificates with illegal expiration dates, taking issue with the settlement's cy pres award.
U.S. District Judge Dana M. Sabraw overruled the majority of the numerous objections lodged against the deal, but found that the $75,000 reserved for cy pres recipients Electronic Frontier Foundation and the Center for Democracy and Technology was inappropriate when there could be class members who could...