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(AZ Family)   Remember that email you got last week about Facebook possibly owing you money as the result of a class action lawsuit? It turns out it wasn't spam after all   (azfamily.com) divider line 16
    More: Interesting, Facebook  
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10606 clicks; posted to Main » on 29 Jan 2013 at 7:31 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest


Archived thread
2013-01-29 08:57:33 AM  
2 votes:
So the going rate for your names, profile pictures, photographs, likenesses, and identities is worth up to $10?
That's pathetic.
2013-01-29 08:52:42 AM  
2 votes:
If more than 2 million people sign up then individual payment drops below $4.99/person and Facebook will not make individual payments, but will instead pay out the $10 million settlement to a charity involved with children's use of social media.
2013-01-29 08:00:41 AM  
2 votes:
So if I give some lawyer credibility by adding numbers to the people in his class action law suit, so that he can become rich, I may get $10?

Yeah. No.
2013-01-29 07:59:04 AM  
2 votes:
I remember receiving a check for $1 from AOL that was a result of the civil suit against them for bombarding our mail with CDs.
2013-01-29 07:53:28 AM  
2 votes:

pag1107: Once the lawyers get their cut it'll probably be more like 50¢


userserve-ak.last.fm
2013-01-29 09:42:39 AM  
1 votes:
I never received the notice giving me an opportunity to opt out and pursue my own claim? Isn't that legally required?
2013-01-29 09:15:37 AM  
1 votes:
So, if FB had come out right away and offered this as a program.... "We'll give you $10 for unlimited use of your FB name and photo in ads", would you have done it?

Because... you basically did.
2013-01-29 09:03:57 AM  
1 votes:

manimal2878: So if I give some lawyer credibility by adding numbers to the people in his class action law suit, so that he can become rich, I may get $10?

Yeah. No.


That isn't how class action law suits work.

The lawyer already got his, considering they there is a $100 million payout to the class, he already got a check from Facebook for around $30-40 million.

The person who brought the original case also got paid, probably in the $5-10 million range. The leftovers are distributed to everyone in the class as defined NY the lawsuit and approved by the judge. If you are in the class and do not explicitly opt in to your money, you get nothing, you lose, good day, sir. If you are in the class and do not explicitly opt out if the settlement, you forfeit your right to sue Facebook on this issue and get nothing/lose/good day.
2013-01-29 09:00:47 AM  
1 votes:
I received an email long ago about a settlement against...Expedia, maybe, for something like $0.80. I like to think most people would be like "what is this bullshiat" and move on with their lives; however, I know some greedy arseholes immediately sent in to get that check.
2013-01-29 08:57:34 AM  
1 votes:
>100 million users eligible
>$20 million settlement

Assuming that everyone eleigible gets paid, that's 20 cents per user. Before the lawyers get their cut of 1/3rd.

Yeah, I'm sure that stings a lot on Facebook's balance sheet.
2013-01-29 08:54:23 AM  
1 votes:
Facebook fumbles around in loose change, comes up with $20M settlement

probably halved by attorneys' fees, costs, and so on

125M people are emailed with offer of up to $10 apiece

if even 10% of recipients bother with this, suggests payout of less than a buck each

at which point it probably is deemed impractical to pay out at all

and the money goes to the designated charities

ta da

/no hero tag for these lawyers?
2013-01-29 08:49:10 AM  
1 votes:
Hey, that's $10 I didn't have before. I'll take it.
2013-01-29 08:21:46 AM  
1 votes:
So they're shutting down Facebook and everyone must go back to Myspace and Sarah Palin is now president.
Got it.
2013-01-29 08:09:56 AM  
1 votes:
Yeah, I concur with you folks above. Ten dollars...meh.
2013-01-29 07:47:17 AM  
1 votes:
blogs.westword.com

Gee, thanks, Facebook! Thanks a lot!
2013-01-29 07:39:28 AM  
1 votes:
Once the lawyers get their cut it'll probably be more like 50¢
 
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