Friday, May 18, 2007



Here's an update on the Bar/Bri lawsuit. I received this email from the administrator:

Thank you for your e-mail inquiry.

According to the cost information database you paid 1733.75



Did I really pay that much? For crying out loud, man.

Even more stupid is my involvement in other class actions. For instance, during the last year, I recieved a roughly $15 credit to my verizon account, but only if I signed up again. I also received, if I so claimed, two free credit reports.

In the last several years, my parents received four sleeping bags from Coleman as a result of an allegedly defective Mercury boat motor they purchased. They could've chosen a tent instead, I believe, but not the bags and the tent.

This one, on the other hand, is LUCRATIVE. I'm curious about several things with this BarBri settlement, though.

1. What did the NLADA have to do to be included as a donation option on the claim form? Seriously, what right does class counsel have to do that arbitrarily? That kind of crap shouldn't happen - even if lead plaintiff wanted it.

2. Okay, so a $49MM settlement - 25% to attorneys plus litigation and administrative expenses. I'm okay with that (although the case seems pretty straightforward since they have a smoking gun signed agreement.) Still, I'm okay. Then, the net goes to the class, but the distribution is limited to 30% limitation on all approved claims (huh?) with any settlement remaining distributed on a cy press basis. Why, pray tell, do we need the 30% limitation. Factor it in, figure it out and send me my money. Pull out the database and print the freakin' checks. Why limit the claims in advance and allow a cy press distribution. I'll tell you why. So that counsel can get a double dip on fees when there is extra money. That kind of crap shouldn't happen.

And don't get me started on Ken Lawson or Mike Nifong.

Happy 45th B-Day, Moose!


At Tuesday, May 22, 2007 11:33:00 AM, Blogger michael budelsky said...

Wow, I can't believe it was that much. I am still waiting for the administrator to get back to me on how much I paid (presumably it will be in the $1,700 range like you, Monty -- if I remember, the earlier you signed up, the cheaper it was). We could get several hundred dollars! That should be a month's worth of diapers and formula for you, Matt.

I was part of that phone class action too, and got a mini headset and some sort of credit. Not nearly as good as cold hard cash.

At Wednesday, May 23, 2007 7:04:00 PM, Blogger UCLaw98 said...

Monty, thnaks for the birthday wishes.

As for the rest of this, I actually love the class action system.



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