CLASSLESS ACTION

I'm currently involved in at least three class action suits.  There are a few other similar actions but I don't have time to go into all that in detail.  The three that were most recently brought to my attention were one each against Apple Inc, Verizon and  LensCrafters.

You find out about these suits when you receive a 3 x 5 postcard written in font so small that it can only be read with a microscope.  They all say "so-and-so" has filed a suit against this company because the company did something that they shouldn't have done and they, and possibly you, were damaged by that action.  You are included in the suit if you did business with this bad company between the years a to b.  

Each goes on to say, you could be due some part of the settlement if you acknowledge that you were injured by the bad company.  They can't tell you how much you would get because they don't know how many people will respond.  

The real interesting thing is to read their required disclosure information after a settlement is proposed or reached.  For instance, Apple was sued in California because they allegedly misrepresented enrollment in a Family Sharing group. Apple admits no wrongdoing but set aside $25,000,000.00 to pay off those who thought they were mistreated.  

Surprise, that's not the good part.  An LA law firm has asked for $8,333,333.33 in attorney's fees and $2,000,000.00 to cover other costs.  There goes over $10 million of the $25 million.

In the class action against Verizon, it was claimed they misled customers about a service charge included in their billing.  They have set aside $100,000000.00 to pay back customers who are part of this claim during the years in which it occurred.  They suit is taking place in New Jersey.  Here the law firm has asked for $33,300.000.00 in attorney's fees plus expenses.  That ought to cover it. 

By now you may have noticed that the attorney's fees are a standard one third of the total of the suit.

The class action suit against Exotica (LensCrafters) has been settled in New York for $39,000.000.00 because they made some statements about their AccuFit system that didn't always pan out.  The lawyers are going to get their one-third (a paltry $13,000,000.00) and if you bought their glasses during the specified time frame, can get up to $50.00.  

Smile.  If you think these law suits keep big business under control, you may be right but I would bet they just add their costs into the consumer's price and their competition does likewise.  You pay for the lawyers.  Smile!

By the way, I don't waste my time responding to these suits in the hope of getting a few bucks.