PHOENIX — Dial Corp.'s $7.4 million class action settlement involving the effectiveness of its liquid hand soap will give $4.4 million to attorneys and only $2.3 million to consumers.
This inequity has led Arizona Attorney General Mark Brnovich to spearhead a bipartisan coalition of 12 state attorneys general to urge a New Hampshire federal court to reject the proposed class action settlement that leans in favor of 60 percent of the cash to attorneys and only 40 percent to consumers.
This settlement is based on Dial's promise to stop including triclosan in its soap. Triclosan originally was registered as a pesticide in 1969 and is still used in some pesticide products. By 1972, it was being marketed as an antibacterial agent in numerous consumer products, including soaps, body washes, toothpaste, and even furniture, clothing and toys.
For more about the settlement, read the full story from the Phoenix Business Journal.