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Old 01-03-2019, 02:10 PM   #1
newB
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Anyone participated in a class-action?

I've gotten class-action notices before, but never participated. I know typically the lawyers make bank and the aggrieved parties get little to nothing, but yesterday I got a notice about the CenturyLink merger litigation. Since I bought their stock when it was low - right after the tech bubble burst when they were still Quest - I can join the class-action. Since the suit is for $12B, I thought I might.

"you may obtain reimbursement of your reasonable and actual out-of-pocket disbursements that would not have been made but for this request by submitting an itemized statement"

Not sure what they're asking. Shares bought, or am I to speculate some hypothetical value that was never realized as a result?
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Old 01-03-2019, 02:25 PM   #2
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I did once. It was from Amazon in a settlement with a book publisher. I had purchased one of the books by this publisher. I think I ended up getting about $10. Another friend was in the same suit and ended up getting about $40 because he had purchased more books than me.
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Old 01-03-2019, 02:31 PM   #3
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I got a class action suit settlement before and the check was for $8.

Yeeeeeeeeeehaaaaaaaaaaa!
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Old 01-03-2019, 02:49 PM   #4
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I joined one against AT&T, think i ended up with $40 the law firm made millions. Hardly worth the effort of filling in all the paperwork ?
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Old 01-03-2019, 02:51 PM   #5
Busty2
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If i see one against HUGHESNET i will join that even if there is no monetary outcome. Like to see those lying fuckers taken down for good!
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Old 01-03-2019, 03:02 PM   #6
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If i see one against HUGHESNET i will join that even if there is no monetary outcome. Like to see those lying fuckers taken down for good!
ew, hughesnet.
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Old 01-03-2019, 03:07 PM   #7
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I have a few times. Usually get about $10. Not really even worth it.
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Old 01-03-2019, 03:32 PM   #8
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I have. Was against Nvidia. Ended up getting my bricked mobile gpu replaced for free.
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Old 01-03-2019, 03:57 PM   #9
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Joined one against Videotron ( major ISP in Québec ) .

Got an enveloppe from a law firm: check of $ 480.00 ... found money!
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Old 01-04-2019, 02:50 AM   #10
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I got a class action suit settlement before and the check was for $8.

Yeeeeeeeeeehaaaaaaaaaaa!
sony?

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Old 01-04-2019, 07:17 AM   #11
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Yeah. The entire class all made monkey noises when the teacher, Mr Wakeling walked in.

He was very hairy and did indeed look like a monkey. The entire class got detention but I just went home instead after school, as my Mum would have been cross had I come home late.
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Old 01-05-2019, 09:44 AM   #12
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Many years ago my wife gave to Sotheby's inherited 4 carat yellow diamond ring to sell at auction. Expecting to yield over 50 K she got barely 10 K. Years later a notice came about class action against Sotheby's. She joined, Sotheby's lost and she got about 150 bucks after " expenses", so nothing to loose but rarely anything real to be gained.
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