On 4/20/2006 at 9:45 AM Joe R. wrote:
$50? HAH! I was an unwilling participant in a
class action suit and
my
award was 34 cents! I still have the check somewhere,
it wasn't worth
cashing. That was for escrow account overcharges that costs me hundreds.
The lawyers got the rest.
At least you got a cash reward. Most rewards (as in my $50 coupon above)
are not in cash, but usually a discount on your next purchase--which
actually does the manufacturer more good than it does you--and is usually
far less than a regular retail store discount.
Some years ago, it was proposed in Texas that class-action suit attorneys
be paid in the same specie that claimants received. So, in the above
action, the attorneys would be paid in $50-off coupons. The proposal
didn't get very far.
Where this ties in to computing and electronics is in patent litigation.
Few understand that the only right a patent confers on its holder is the
right to sue in case of infringement. To sue, you have to have the
resources for a long and expensive battle. That's why the cries of "patent
reform" in the recent Blackberry case were particularly ludicrous. If
patent infringement carried criminal penalties like copyright infringement
does, the world would be quite a different place. But I never heard that
suggestion trotted out by the reformers.
Bottom line, my response still holds: if the system being leased to the
customer is unusual and part of a tort action, get what you can. Heaven
knows that the attorneys will.
Cheers,
Chuck