SUBSIM Radio Room Forums - View Single Post - Consumers' right to file class actions in danger

tater · 11-05-10, 06:18 PM

I'm fine with contractual obligations being sacrosanct, actually. The consumer has the simple choice not to sign the contract. If the contract is too onerous, then the consumer will create a demand for less restrictive contracts.

Contracts are mutually agreed upon instruments, what's the problem?

BTW, I'd be surprised to see class action results where anyone in the "class" gets anything remotely close to what the LAWYERS ended up with.

Say the lawyers get 30% of a 10 million settlement. 3.33 million to layers, 6.66 million to the class. the class is 100,000 people, and each gets... $66. Yeah for the "little guy!" He won!

11-05-10, 06:18 PM	#4
tater Navy Seal Join Date: Mar 2007 Location: New Mexico, USA Posts: 9,023 Downloads: 8 Uploads: 2	I'm fine with contractual obligations being sacrosanct, actually. The consumer has the simple choice not to sign the contract. If the contract is too onerous, then the consumer will create a demand for less restrictive contracts. Contracts are mutually agreed upon instruments, what's the problem? BTW, I'd be surprised to see class action results where anyone in the "class" gets anything remotely close to what the LAWYERS ended up with. Say the lawyers get 30% of a 10 million settlement. 3.33 million to layers, 6.66 million to the class. the class is 100,000 people, and each gets... $66. Yeah for the "little guy!" He won!