by barnett » Wed Apr 06, 2011 4:36 am
Don't waste your time with class action.
ONLY THE LAWYERS MAKE MONEY ON THAT.
A class action lawsuit is one where the lawyer's group is suing someone because a large group of people were damaged by a drug or whatever.
This means the # of plaintiffs (people suing) is a very high number, sometimes up to 1,000,000 people!!!
This means, say if the the settlement is 10 million, and there are a million people suing, and the lawyer gets 40% (4 million off the top), then the 1 million people suing SPLIT the 6 million that's left!!!! This means every person suing gets.... 6 DOLLARS!!!!!
Who made the money there??? The lawyer. He got 4 million, YOU got 6. DOLLARS. Not 6 million, just 6.
This is why class action lawsuits are so popular now for the lawyers. THEY are the ones who get all the settlement money. NOT YOU, who are suing the company.
Hope this makes it clearer! Good luck.