class action settlement!

  1. Does anyone have any experience of Class action settlements.
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  2. 9 Comments

  3. by   Caveman
    Yes. Lawyers get all the money.
  4. by   eddy
    Quote from Caveman
    Yes. Lawyers get all the money.
    hahahahahahahahahaha.... awesome response..... but too true!!!!
  5. by   dianah
    And SO true. I've received a few envelopes with sheaves of paper, outlining that there's a class action suit in progress. Months later I may receive a coupon for some free service or item, that's entirely NOT what I'd use. Guess if the suit "wins," the wealth has to be spread so thin (after the attorney's fees) that each person involved kinda ends up with, ---- well, not much.
  6. by   alexillytom
    I agree that the lawyers always come out on top in these situations, but my husband's
    grandfather was involved in one before he passed away. It has paid his estate handsomely because the case was regarding the loss of multiple lives due to asbestos exposure. Of course, he didn't get to enjoy any of the settlement but, his children have
    been able to put the money to good use.
  7. by   oyimam
    Quote from alexillytom
    I agree that the lawyers always come out on top in these situations, but my husband's
    grandfather was involved in one before he passed away. It has paid his estate handsomely because the case was regarding the loss of multiple lives due to asbestos exposure. Of course, he didn't get to enjoy any of the settlement but, his children have
    been able to put the money to good use.
    My Hospital in Santa Monica California, have just settled a class action suit started by three of our fellow workers on behalf of the rest of us 8, 10 and 12 hourly paid employees. The class action was started because of dubious reporting of earnings on paystubs, employees not getting their full breaks, and staff not being paid time and a half as stated in contracts. The settlement amount is 7.4million dollars minus 1.8 million agreed by the judge as fees for the lawyers, pending less than a hundred people not protesting this settlement by a given date, we may actually see some nickels.
    Thanks for all your replys.
  8. by   mattsmom81
    I was involved in a class action against HCA Columbia for improper use of retirement funds. Initially I was told that I had over 100K coming to me. Ended up getting 10K but its 10K more than I would have had otherwise, as I had no idea my $$ was being messed with. .
  9. by   H ynnoD
    I got over 800 dollars last year in a suit against our mortgage company.Seems they were charging something in their closing fees that they were'nt suppose to.
  10. by   CseMgr1
    I also got $1600 in a class action lawsuit against a mortgage company last year, for unfair lending practices. That's what you get, when you rip off vulnerable people (like me), with subprime loans. :imbar
  11. by   Nikki730
    I got about $80 dollars in a settlement a couple years ago, against Progressive. Something about them trying to sell more auto insurance coverage than the person needed, not offering or mentioning the cheaper options or something. Recently got another mailing about a new class action against Progressive, but I read through it and didn't think it had merit, so I'm not going to include myself in that one.

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