Poll

Do you participate in class action lawsuits?

I participate- why not, free money
I participate- need to hold organizations accountable
I don't participate- not worth my time
I don't participate- it only helps greedy lawyers
I don't participate- want to maintain my individual right to sue

Author Topic: Class Action Lawsuits  (Read 452 times)

stepitup

  • 5 O'Clock Shadow
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  • Posts: 37
Class Action Lawsuits
« on: December 27, 2022, 04:29:34 PM »
Today I received a settlement check for the Equifax Data Breach class action lawsuit I signed up for. The payment was $5.21.

It made me reflect on other class actions I've been a part of that are usually for small amounts, although I think the largest was around $150.

Made me wonder what others on this forum do when they find out about a class action they could be a part of.

Duke03

  • Bristles
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  • Posts: 464
Re: Class Action Lawsuits
« Reply #1 on: December 27, 2022, 06:46:22 PM »
I cash those $5.21 checks with pride!!!  I think we all laugh when it cost the Class fund more in postage than the check is written for.  Funny thing is my wife always makes fun of me for signing up for Class Action Lawsuits.  The largest payout I ever received was $130 and she was mad she didn't get a check or that I didn't sign her up....

Villanelle

  • Walrus Stache
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  • Posts: 6500
Re: Class Action Lawsuits
« Reply #2 on: December 27, 2022, 06:55:32 PM »
Dh and I were visiting my parents.  We have, on rare occasion, used their address for ourselves when we were in the middle of a move.  It just so happened that someone called and asked for us when we happened to be visiting.

Turned out we were due $18,000 (IIRC) for a class action.  I don't want to say too much as it reveals some personal things, but the actual issue affected us in no way.  Essentially, we signed a contract that said the deposit was nonrefundable, and in this particular case, that was agains the law.  They had to offer refunds for those who backed out.  We didn't back out, and never considered backing out, so were unaffected, but we were still part of the class action.  That was certainly a nice, unexpected chunk of change!

And had they not found us at my parents' that day, I wonder how long it would have taken them to track us down.