11 ms·
Turning out? These lawsuits have been seen as "lawyers make millions, you get a coupon for your suffering" for many years now. I remember discussions of this
by jandrese 6y ago
Turning out? These lawsuits have been seen as "lawyers make millions, you get a coupon for your suffering" for many years now.
I remember discussions of this back on Slashdot during the Zip Drive click of death lawsuit where I eventually got a coupon for like $10 off my next IOMega purchase or something. Total bullshit.
The counter argument is that the companies need to be punished for their behavior, even if the victims aren't the ones who get the compensation in the end. I've thought that seems rather mercenary.
There was a "take the cash" option for that Equifax settlement, but nobody I know who opted for that ever saw a dime. I think they eventually weaseled out by saying that you had to prove in arbitration you were financially harmed by the breach to receive the cash or something.