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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJust 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:
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)
HopeAgain
(4,407 posts)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.
tblue37
(65,390 posts)Chipper Chat
(9,679 posts)A 45 record of "Tennessee Waltz" by Patty Page.
Chipper Chat
(9,679 posts)Or 6 boxes of Tide.
Ms. Toad
(34,074 posts)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)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)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)tried to take care of these things.
And usually did a better job of it.