PM me if interested in joining potential class action suit v. Neteller

[phish]

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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.

[jaminbird]

[ QUOTE ]
[ QUOTE ]
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.


[/ QUOTE ]

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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Wait for what exactly? Last time I checked, when a company loses in court they don't go around afterward repaying in full all of those who missed out on the judgment. Also, I was saying that class actions are a bunch of crap. Thats why my advice was to meet with your own personal attorney in the event of a class action so you can preserve your right to bring your own suit.