Interesting: Unlike other high-profile cases, <plantiff> Carreyrou and the other authors are deliberately steering clear of a class-action lawsuit, which would bundle claims together and allow companies to negotiate a single settlement.
The writers say class actions favor defendants by limiting their exposure.
Indeed, too many class action settlements favor all the lawyers involved: plantiffs lawyers agree to "limit" settlement $$ if they receive 80% or more of the take to cover "their expenses" - - defendants lawyers agree to sign off if settlement is quite reasonable to their side, limiting their losses. In too many cases judges are compelled to accept the deals because both parties have come to an agreement. Too often the participants in the class action only receive a token rebate coupon for the defendants merchandise or something similarly shameful.The plunder continues.
DivingForGold•1mo ago
The writers say class actions favor defendants by limiting their exposure.
Indeed, too many class action settlements favor all the lawyers involved: plantiffs lawyers agree to "limit" settlement $$ if they receive 80% or more of the take to cover "their expenses" - - defendants lawyers agree to sign off if settlement is quite reasonable to their side, limiting their losses. In too many cases judges are compelled to accept the deals because both parties have come to an agreement. Too often the participants in the class action only receive a token rebate coupon for the defendants merchandise or something similarly shameful.The plunder continues.