And one of the biggest “achievements” of the Obama era is continuing to spiral to a death very close in time proximity.
Not much benefit results from parties banding together under Class Action suits. The results are usually small payouts to each named plaintiff, and these types of actions draw unscrupulous lawyers to create actions that should never have existed if they required merit to stand alone as a single plaintiff suit.
I agree there are numerous class action suits that benefit the attorney’s more so than the plaintiffs. That is definitely the norm. However, I fail to see how this roll-back is a good thing.
First – nobody is forced to join a class action suit (unless specified in previously agreed to Terms and Conditions). So those who don’t want to join a class action could always file their own case regardless of this decision.
Second – why should the company being sued get to decide if a class action should proceed? That should be left up to the courts to determine the validity of a class action case being raised.
Is there any situation where this change actually benefits the consumer instead of the corporation (knowing the consumer always had a choice to avoid jumping into a class action suit if they wanted)?
So… At what cost to the people? You cheer about this, but our elected officials are supposed to represent us and protect our interests. All this is protecting is the banks and lending institutions.
Wells Fargo has to be cheering about this decision! If there was ever a case that needs to be a class action, it’s for all the crap that Wells has been doing the past few years. Making each individual go to arbitration will mean that most will just give up and forget about it.
Sure, I was part of a class action law suit a few times. I got my $2.99 in the mail a year later.. The attorney’s are the people who win in a class suit. I would rather find an attorney that will take the case on it’s own merits.Small claims is a good place to start.
What great news! Another Obama era policy being killed by Republicans.
And one of the biggest “achievements” of the Obama era is continuing to spiral to a death very close in time proximity.
Not much benefit results from parties banding together under Class Action suits. The results are usually small payouts to each named plaintiff, and these types of actions draw unscrupulous lawyers to create actions that should never have existed if they required merit to stand alone as a single plaintiff suit.
I agree there are numerous class action suits that benefit the attorney’s more so than the plaintiffs. That is definitely the norm. However, I fail to see how this roll-back is a good thing.
First – nobody is forced to join a class action suit (unless specified in previously agreed to Terms and Conditions). So those who don’t want to join a class action could always file their own case regardless of this decision.
Second – why should the company being sued get to decide if a class action should proceed? That should be left up to the courts to determine the validity of a class action case being raised.
Is there any situation where this change actually benefits the consumer instead of the corporation (knowing the consumer always had a choice to avoid jumping into a class action suit if they wanted)?
Is there any condition that the lawyers don’t benefit more than the consumer?
I misunderstood the ToC portion of the roll-back. Although the part in parenthesis is wrong specific to the change, my sentiments remain the same.
So… At what cost to the people? You cheer about this, but our elected officials are supposed to represent us and protect our interests. All this is protecting is the banks and lending institutions.
Wells Fargo has to be cheering about this decision! If there was ever a case that needs to be a class action, it’s for all the crap that Wells has been doing the past few years. Making each individual go to arbitration will mean that most will just give up and forget about it.
Sure, I was part of a class action law suit a few times. I got my $2.99 in the mail a year later.. The attorney’s are the people who win in a class suit. I would rather find an attorney that will take the case on it’s own merits.Small claims is a good place to start.