On one hand, yes, it's a shame that the victims rarely get anything. On the other hand, anyone is allowed to opt out and sue on their own if they want to. The p

On one hand, yes, it's a shame that the victims rarely get anything. On the other hand, anyone is allowed to opt out and sue on their own if they want to. The problem is that very few will because it's not worth your time or money to sue someone for, say, $1000. As someone who wasn't going to take Equifax to court, I prefer an outcome where some lawyer gets rich, I get $5, and Equifax gets a $500 million dollar fine plus a commitment to spend $1 billion on overhauling their security. The alternative was Equifax getting away with a few small-scale lawsuits that would have had total payouts in the low millions. In a more just world, Equifax would go out of business and the assets would be divided among the affected parties. The fact that that won't happen isn't your buddy's fault. At the end of the day, sure, he gets high fees, but if the lawyers in the equifax case were to distribute their fees to victims, maybe I would have gotten $6 instead of $5? My point is, I'm mad at Equifax a lot more so than your buddy.