Comment by mitxela
2 days ago
In a class action they give $1 to every user they scammed $20 out of, and the lawyers charge $2 per user so you actually get nothing.
2 days ago
In a class action they give $1 to every user they scammed $20 out of, and the lawyers charge $2 per user so you actually get nothing.
The point of a class action is it isn't worth your while to go after them for $20 - you would win $20 - but then you have to pay your lawyers a million dollars. However if enough people were scammed the lawyers can get their pay, and better yet the cost is high enough that the company is likely to learn a lesson.
For some reason they always only manage to recover 1% of the money
It is still a large enough number that it appears on accounting statements. It is reported to investors. That is there are enough negatives that it gets attention and tends to change behavior
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