Law360 (March 8, 2023, 6:34 PM EST) — Home Depot and others who are objecting to a $2.67 billion settlement with Blue Cross Blue Shield will only have to post a $5,000 bond in order to appeal the court’s order, a far cry from the $113 million that the judge was originally asked to approve.

U.S. District Judge R. David Proctor said Tuesday that he saw no reason to make the bond so high and that $5,000 each should be more than enough to cover the $20,000 to $25,000 that the other class members say an appeal could cost them.

“Just as the court was concerned about burdening class members’ opt-out rights … the court has concerns about imposing financial burdens on objector-appellants that might discourage, or in some instances preclude, the pursuit of an appeal,” the Alabama federal judge said.

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