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TreasonousBastard

(43,049 posts)
Tue Sep 18, 2018, 09:32 AM Sep 2018

Just as I'm absorbing the insane new tariffs, Professor Ford, and other such things...

and getting ready for a doctor's appt., I get this in an email:

Orlander V Staples Qualified Settlement Fund has sent you $2.98 USD


This is apparently from a class action suit I never heard of, but was involved in because I bought a Staples warranty. Or maybe two.

Some law firm made a bundle off of this, somebody paid millions on the settlement, and we "beneficiaries" get less money than it's worth putting in the claim.

(Assuming it's not a scam)

8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Just as I'm absorbing the insane new tariffs, Professor Ford, and other such things... (Original Post) TreasonousBastard Sep 2018 OP
Congratulations! HopeAgain Sep 2018 #1
It's like that tax cut that voters are supposed to thank Trump and the GOP for. nt tblue37 Sep 2018 #4
If this was 1950 you could use that to buy.... Chipper Chat Sep 2018 #2
Actually you could buy 3 copies. Chipper Chat Sep 2018 #3
The fact that you couldn't afford to bring the claim yourself Ms. Toad Sep 2018 #5
I am aware of the theory behind class action suits, but there seems to be little evidence... TreasonousBastard Sep 2018 #6
Well them, feel free to advocate for a return to the time when there was no recourse Ms. Toad Sep 2018 #7
I was thinking more of those times where regulation and government lawsuits... TreasonousBastard Sep 2018 #8

HopeAgain

(4,407 posts)
1. Congratulations!
Tue Sep 18, 2018, 09:44 AM
Sep 2018

Almost three bucks!

Seriously though, there is another way to look at these class action suits. Although you got virtually nothing, there are probably thousands of others who did too, and, as you pointed out, attorney's fees. Without a government willing to enforce consumer protections, these lawsuits can serve the same purpose, to go after rip-off's that are not worth the individual's time to pursue. It serves as an incentive for these big companies to better deal with their consumers on the up and up. Do the attorneys get too much money? Probably so, but somehow we have to police the otherwise too-big-to-sue companies.

Ms. Toad

(34,074 posts)
5. The fact that you couldn't afford to bring the claim yourself
Tue Sep 18, 2018, 10:59 AM
Sep 2018

Is the entire point of class action. Without a mechanism to make companies stop violating the law in ways that no one would bother to enforce because of the disproportionate cost, companies will continue to rip off consumers.

By aggregating thousands of small claims, the math changed. Even though you are getting a very small amount of money, Staples has to pay the total, plus attorney fees. That provides significant deterrence for the behavior that gave rise to the suit.

TreasonousBastard

(43,049 posts)
6. I am aware of the theory behind class action suits, but there seems to be little evidence...
Tue Sep 18, 2018, 02:47 PM
Sep 2018

that these suits actually affect corporate behavior. It's kind of a crapshoot if and when a company gets hit.

And they rarely take on companies with tough cases to prove, or really deep pockets. Watch and see if any of those ash pits owners are sued.

Ms. Toad

(34,074 posts)
7. Well them, feel free to advocate for a return to the time when there was no recourse
Tue Sep 18, 2018, 03:52 PM
Sep 2018

for people who had been harmed, but not enough to justify a lawsuit.

That's where the Republicans seem to be taking us.

TreasonousBastard

(43,049 posts)
8. I was thinking more of those times where regulation and government lawsuits...
Tue Sep 18, 2018, 04:33 PM
Sep 2018

tried to take care of these things.

And usually did a better job of it.

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