11-15-2007, 12:31 PM
The great thing about Class Action -- is that there are only a handful of "World Class" firms for this (a term I hate to use, but then, an elephant can be considered a "world class" source of shiit too).
They all get to know each other, and are all friendly. Typically one will defend and the other will sue. Often they search out a schmo who will be happy as the "Plaintiff" and wil take the $30k or so given and shut up.
Fees vanish on the one side, up to 50% to the plaintiff attys, and the other, benefits from the fees from defendant.
next lawsuit? It's the reverse. This has worked SO WELL in the past 30 years, that others getting into the game have found it difficult, and few individuals are capable if finding a firm to carry their claim - because they KNOW how it works, and they won't settle for chump change.
The Judge awards the plaintiff an amount based on their relative contribution to the case. If the contribution is potentially substantial, you won't even see the firm TAKE the case. They know smart people when they talk to them. They don't want YOU as a plaintiff.
If such weren't sharp enough to pursue NDA or similar agreement, you might find, a year later, same firm pursuing same claim with new (and retarded) plaintiff.
The system is so well organized now, that it is a joke. You get a "gift certificate" for long distance minutes, or $$ that must be spent in the "Epson Store" or similar crap.
Class action as a benefit for attys ought to have limits for counsel benefit. The system is stacked for the benefit of them and no one else. The system is such that both sides COUNSEL are winners, and the company and plaintiff get stiffed.
There are at least a few Class Actions on record that were brought against the companies by the companies themselves (via proxy) to put the issue to rest as soon
as possible. That lowers fees, it lowers what is being sought, and lowers the reward.
Nice fscking racket, eh???
Seagate has more problems than HD space waiting for them in the wings.
They all get to know each other, and are all friendly. Typically one will defend and the other will sue. Often they search out a schmo who will be happy as the "Plaintiff" and wil take the $30k or so given and shut up.
Fees vanish on the one side, up to 50% to the plaintiff attys, and the other, benefits from the fees from defendant.
next lawsuit? It's the reverse. This has worked SO WELL in the past 30 years, that others getting into the game have found it difficult, and few individuals are capable if finding a firm to carry their claim - because they KNOW how it works, and they won't settle for chump change.
The Judge awards the plaintiff an amount based on their relative contribution to the case. If the contribution is potentially substantial, you won't even see the firm TAKE the case. They know smart people when they talk to them. They don't want YOU as a plaintiff.
If such weren't sharp enough to pursue NDA or similar agreement, you might find, a year later, same firm pursuing same claim with new (and retarded) plaintiff.
The system is so well organized now, that it is a joke. You get a "gift certificate" for long distance minutes, or $$ that must be spent in the "Epson Store" or similar crap.
Class action as a benefit for attys ought to have limits for counsel benefit. The system is stacked for the benefit of them and no one else. The system is such that both sides COUNSEL are winners, and the company and plaintiff get stiffed.
There are at least a few Class Actions on record that were brought against the companies by the companies themselves (via proxy) to put the issue to rest as soon
as possible. That lowers fees, it lowers what is being sought, and lowers the reward.
Nice fscking racket, eh???
Seagate has more problems than HD space waiting for them in the wings.