Class action attorneys won't take a small settlement. Why? There's not many strip club cases left, if any ... arbitration agreements look like the "magic bullet" for management. This is the attorneys' retirement.
Doubling $5M doesn't make $100M...genius! The $5M figure probably assumes that the plaintiffs believed Ricks would be found to be "willful". What lawyer would represent a case where the client willfully decided to engage in a business as an IC, and then complain they should have been paid as employees after the fact......yet file a lawsuit and think the defendant made an unintentional mistake? And $90M in legal fees would be pretty unreasonable.....at the most, this case will be damages around the $10M mark after legal fees. Much less these case have ended cheaper for larger establishments.