It's the lawsuit rebate scam!
And the beneficiary isn't necessarily who you'd expect.Over at LiveJournal, schlomoseamus explains just who benefits from class action lawsuits. It's not consumers—the corporations that are sued are allowed to compensate consumers "through substitution of services that they already provide." And it's not corporations, who get off easy that way. Who wins, then? Visit schlomoseamus for the answer.
NOTE: Just in case schlomoseamus decides to get litigious on us, we've offered him the chance to give gift subscriptions to Dollars & Sense for only $10. You, too can take advantage of this offer. Just don't tell our lawyers.
Also, if you're a LiveJournal regular, our blog is LJ syndicated.
Labels: class action lawsuits
