Deleted
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Post by Deleted on Jul 17, 2022 8:15:05 GMT -5
I was in insurance for 38 years and this is a perfect example of why I hate class-action lawsuits. www.flushablewipessettlement.com/?fbclid=IwAR39wTvbb6gjAg7J5MR8flpOMXKLhhgY5w6lw6PKFE7UwQMEgjLaQOzGTswThe suit alleges that "flushable" wipes sold by multiple brands were not really flushable and that they wreck septic and sewer systems. That part is actually true. It's been a lie from Day One. Plaintiffs will get $7 or coupons for 70 cents off per purchase. I really think the lawyers should be required to get compensation in the same form as the plaintiffs. At least they'd be well-prepared for the next pandemic.
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gs11rmb
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Post by gs11rmb on Jul 18, 2022 7:14:44 GMT -5
I tend to view class-action lawsuits as punishing the company rather than rewarding the consumer. I doubt many people get rich from being a class-action plaintiff but the suits do, at least in theory, act as a deterrent for companies willfully engaging in 'bad acts'.
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Deleted
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Post by Deleted on Jul 18, 2022 7:43:08 GMT -5
I understand the need for a way to address defendants who gouge a very large number of people by very small amounts, It always seems, however, that the plaintiffs get less than their actual damages (what if the "flushable" wipes meant your septic tank needed to be dug out? What about the extra costs to municipalities of dealing with all those wipes clogging the sewer system?) and not even in actual money, while the lawyers rake in millions. I once got a class action notice against an airline my then-husband had been flying 10-12 times a year on business (solo consultant so he paid the bills)- alleged price-fixing. I had the documentation of all the flights he'd taken. The likely award was 10% of that total as a discount against future flights. Except that you had to reserve through the airline's phone agents. (This was before you could do anything on-line.) And 10% was the commission they were paying travel agents. I once did join a class action against a company that was alleged to have over-started its earnings and thus driven up the stock price. I had sold it at a loss of $200-$300. I was "awarded" $17. I spent it on Chinese takeout.
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laterbloomer
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Post by laterbloomer on Jul 18, 2022 8:49:28 GMT -5
I understand the need for a way to address defendants who gouge a very large number of people by very small amounts, It always seems, however, that the plaintiffs get less than their actual damages (what if the "flushable" wipes meant your septic tank needed to be dug out? What about the extra costs to municipalities of dealing with all those wipes clogging the sewer system?) and not even in actual money, while the lawyers rake in millions. I once got a class action notice against an airline my then-husband had been flying 10-12 times a year on business (solo consultant so he paid the bills)- alleged price-fixing. I had the documentation of all the flights he'd taken. The likely award was 10% of that total as a discount against future flights. Except that you had to reserve through the airline's phone agents. (This was before you could do anything on-line.) And 10% was the commission they were paying travel agents. I once did join a class action against a company that was alleged to have over-started its earnings and thus driven up the stock price. I had sold it at a loss of $200-$300. I was "awarded" $17. I spent it on Chinese takeout. If you had large damages from something that is deemed guilty in a class action lawsuit doesn't that put you in a better position to sue individually? As long as you weren't part of the class action suit.
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Deleted
Joined: Apr 29, 2024 20:58:09 GMT -5
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Post by Deleted on Jul 18, 2022 9:06:00 GMT -5
If you had large damages from something that is deemed guilty in a class action lawsuit doesn't that put you in a better position to sue individually? As long as you weren't part of the class action suit. Yes, you can opt out- but the potential damages better be enough to convince an attorney to take the case on a contingency-fee basis.
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TheOtherMe
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Post by TheOtherMe on Jul 18, 2022 12:43:44 GMT -5
The largest amount I ever got from a class action lawsuit was $147.50. Yes, I remember the exact amount of that one.
The rest have usually been under $10.
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swamp
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Post by swamp on Jul 18, 2022 12:46:43 GMT -5
Class actions are a scam that only benefit the lawyers.
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NoNamePerson
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Post by NoNamePerson on Jul 18, 2022 19:18:10 GMT -5
I was in insurance for 38 years and this is a perfect example of why I hate class-action lawsuits. www.flushablewipessettlement.com/?fbclid=IwAR39wTvbb6gjAg7J5MR8flpOMXKLhhgY5w6lw6PKFE7UwQMEgjLaQOzGTswThe suit alleges that "flushable" wipes sold by multiple brands were not really flushable and that they wreck septic and sewer systems. That part is actually true. It's been a lie from Day One. Plaintiffs will get $7 or coupons for 70 cents off per purchase. I really think the lawyers should be required to get compensation in the same form as the plaintiffs. At least they'd be well-prepared for the next pandemic.
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tskeeter
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Post by tskeeter on Jul 19, 2022 17:17:13 GMT -5
Class actions are a scam that only benefit the lawyers. Agree. John Grisham’s “The King of Torts” is a great education on the basics of class action litigation.
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