A judge has rebuffed complaints over the proposed settlement reached in the Mobile Fidelity Sound Lab (MoFi) class action lawsuit, which sprung out of a major audiophile controversy last year.
Mobile Fidelity Sound Lab class action lawsuitLast summer, MoFi came under fire for its “Original Master Recording” and “Ultradisc One Step” vinyl series, which the company said were made from either original master recordings or analog tapes. But in July 2022, a record store owner in Phoenix shared a video onThough there was some initial pushback, engineers at MoFi eventually confirmed the allegations, sending shockwaves through record collector circles.
filed in Aug. 2022 argued that even the most advanced, high-quality analog-to-digital transfer “diminishes the quality and collectability compared to all-analog recordings.” expected to be worth about $25 million that offered customers a few routes to recompense: They could get a full refund for any eligible records they purchased or keep the albums and take either a 5% cash refund or a 10% MoFi credit refund.
After the settlement was reached, however, a few plaintiffs filed a motion complaining the deal was unfair and provided “inadequate relief.” They also took issue with the lawyers tapped to negotiate the settlement, claiming the proposed settlement was the product of a “reverse auction” — basically alleging that MoFi went looking for “ineffectual” class lawyers who just wanted a fee and would negotiate a more favorable settlement.
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