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Patreon is on the hook for all arbitration costs, minus $250 that the aggrieved consumer must pay as a filing fee. The risk is because Patreon's liability is o
by sweisman 6y ago
Patreon is on the hook for all arbitration costs, minus $250 that the aggrieved consumer must pay as a filing fee.
The risk is because Patreon's liability is open-ended. Each arbitration is a MINIMUM of $10K, and escalates from there, depending on the number and nature of claims.
If the claimants are not motivated by money, and they are not, they can push each arbitration to a full hearing and decision, rather than accept a settlement offer. Since they violated their own ToS by suing in court and doing so in a class action (two separate violations), they are in serious peril.
If they do that, Patreon could easily end up paying $100K per user.
Finally, ANY Patreon user can file a claim because of how badly they've botched the multiple revisions to the ToS since then.
- Havoc 6y agoah right...googling this suggests it's connected to this news article I missed 3 days prior https://news.ycombinator.com/item?id=24009301 https://news.ycombinator.com/item?id=24009301