19 ms·

Isn't it normal for class-action lawsuits to have a low payout per person?

• thfuran 7y ago
  It's definitely normal for the class members to receive little payout per person, but a lot of that tends to have to do with astronomical legal expenses.
  • Teknoman117 7y ago
    The real winners of the current setup are legal firms. Doesn't matter who is suing who, or who wins or loses. Lawyers are going to get paid.
    • lawnchair_larry 7y ago
      In a class action, lawyers don’t get paid if they lose.
    • Karunamon 7y ago
      I had it described to me that class actions are less about making the wronged parties whole, and more about forming large enough sticks to beat misbehaving entities about the head with.
  • lonelappde 7y ago
    No. Lawyers get about half. That's a lot, but class members each getting a pittance isn't much different from getting twice a pittance. Substantial payments to everyone in a class would wipe out the defendant.
    • thfuran 7y ago
      Is that actually bad? I'm not really sure why preserving entities that severely wrong large classes is necessarily a desirable goal.