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Old 02-02-2007, 04:11 AM
phish phish is offline
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Join Date: Sep 2003
Posts: 1,091
Default Re: PM me if interested in joining potential class action suit v. Nete

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Class actions are only a scam if you have suffered sufficient damages such that it would be economically feasible to bring a suit of your own. When a company screws 10,000 people out of $10, $100, or even a $1,000 it wouldn't be worth it for individual plaintiffs to sue as the legal costs would be much higher the the amount at stake. So a class action is a good thing for those plaintiffs with small claims.


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This was the logic for class actions initially. Unfortunately, this mechanism has been so abused by opportunistic lawyers that now it is pretty much a scam that if anything hurts the people it purports to help.

And frankly, if you have $1000 in neteller, is getting $50 really worth it, if it means that there is now no chance you will ever get the rest of that $950? I'd think I would just take my chances and wait.
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