Has there ever been a class action settlement that actually made all the people who were harmed whole?
Because somehow I doubt it.
this post was submitted on 21 Jan 2025
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When Arco was sued for charging people fees on their debit cards, I got two separate checks for around $70 each. I don't think I ever paid anywhere near that in $0.35 fees. Every other one had been a scam though.
Huh. I've been part of a couple dozen ones and I don't think I've ever seen more than a couple of dollars. I THINK the biggest settlement was $22 or $23 or something like that.
Nice to know that, in theory at least, you could recover what was wrongfully taken from you.
Defund lawyers.
Class action lawsuits are a fucking scam for lawyers.
Just "corporate dictatorship masquerading as democracy" things.
Trying to bring back Slashdot?
Also the rule of law died yesterday with a whimper.
Slashdot never died, it's moderation just failed to function at scale and speed it needed to and got flooded with nazi bullshit daily for years, making it largely irrelevant but still active.
Also it's a techdirt article, which was a Slashdot staple for a long time, so like a callback to that, perhaps.
The class action settlement allows the corporate to release the litigation reserves...
Likely reavered 1 billion, paid out 10m, rest is is sweet clean profit!
Regulatory shit works the same way.
They want the action so they can close their books on the issue and recognize the income from the crime