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Old 05-09-2003   #12
PornoDoggy
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Now, the pity of the whole scenario is that let's say a judge does find there is enough evidence to try the case that Microsoft and Best Buy conspired to defraud a million customers out of $400 each, and this case is certified as a class action lawsuit. That's $400,000,000 in fraud. (I'm not saying that's what happened, or will happened - just using it as an example. The 1 million customers is lowball, and their lawyers will fight tooth and nail for 2-5 years before it gets that far. Microsoft has more lawyers than the Bush Administration has reasons for the war in Iraq, and Best Buy is very skillful at defending it's "marketing practices" as they have had lots of practice at it.)

Microsoft and Best Buy will then propose a settlement. Samuel Kim and any other named plaintiffs will get $5,000. The plaintiff's attorneys will pocket anywhere from $4 to $20 million.

The rest of the plaintiffs in the suit will receive a $40 discount coupon for their next purchase at Best Buy. As of 4 years ago, it was estimated that about 20% of the people would actually use it. I worked on a couple of these cases, and the payout to the planitff's lawyers basically gets higher the quicker the suit is settled.



Last edited by PornoDoggy at May 9 2003, 10:54 PM
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