Class Action Lawsuits

First of all, let me say that anyone who has been in any way hurt or injured by any other party and settled through a class action lawsuit, disregard this article. I am more interested in the little frivolous lawsuits that award pitiful amounts to offended parties who most likely had no idea they were offended.

There are habitual class action participators and then there are the lucky ones who find themselves on the receiving end of a check to settle a dispute they were most likely never aware of in the first place. And the best part is the size of the checks, often in amounts less than the stamps used to mail them. Nothing like getting a check for fourteen cents in the mail says L. Matthews, whose settlement check in the landmark case against American Express Centurion Bank just arrived.

Sometimes the amount isn't the issue as much as the stipulations surrounding the acceptance of the settlement. In Los Angeles, a judge approved an agreement calling for Sony Pictures Entertainment to pay $1.5 million to settle a class-action lawsuit accusing the studio of citing a fake movie critic in ads for several films, an attorney said Tuesday.

Moviegoers who saw the films "Vertical Limit," "A Knight's Tale," "The Animal," "Hollow Man" or "The Patriot" during their original theater runs must file a claim to be eligible for a $5 per ticket reimbursement, said lawyer Norman Blumenthal, who represented a group of filmgoers who sued Sony Pictures in 2001. What do they do when the 1.5 million runs out? You have to assume more than 300,000 tickets were sold between the four movies.

I have been awarded three ridiculous checks as settlement for things I wasn't truly injured by. I am proud to say those checks; totaling $7.41 were not and never will be cashed. Cashing them would be condoning the practice, where consumers get the pittance, and the attorneys pushing the cases get the nice cars. Me? I'm hoping for a direct hit by a dominoes delivery driver.

Jason Rigler
"Settlement Advocate" and consultant for Prosperity Partners Customer Service Department.

In The News:

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Antonucci: LA and Oakland teacher strike settlements are structured differently, but the results are the same  LA School ReportMike Antonucci's Union Report appears weekly at LA School Report. The Oakland teacher strike came to an end after seven days with another “historic” contract ...
Pension Company Adds Leading Structured Settlement Brokers, Builds West Coast Operations  GlobeNewswireKING OF PRUSSIA, Pa., June 3, 2015 (GLOBE NEWSWIRE) -- via PRWEB - The Pension Company (TPC) today announced that two structured settlement ...
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Moody's assigns provisional ratings to J.G. Wentworth structured settlement securitization  Moodys.comNew York, February 20, 2019 -- Moody's Investors *Service* (Moody's) has assigned provisional ratings to two classes of notes to be issued by J.G. Wentworth ...
Automatic Renewal Law Awaiting Mayor Approval in Washington DC  LexologyWashington D.C. is in the process of enacting the Structured Settlements and Automatic Renewal Protections Act of 2018 (the “Act”). In part, the…
Indiana Medical Malpractice Act Damage Caps Set To Go Up July 1  JD SupraOn July 1, 2019, the caps on damages set by the Indiana Medical Malpractice Act will rise for the second time in two years. This increase, which applies to acts of ...
Structures to separate from Integrated Financial Settlements (IFS)  PR NewswireATLANTA, Nov. 2, 2018 /PRNewswire/ -- Structures is separating from Integrated Financial Settlements, Inc. (IFS) to move forward as an independent company.
In Richard Strauss Case, How To Figure Out Cost Of Sexual Abuse?  WOSUOne man believes he missed his chance to play in the National Hockey League because he lost focus after being sexually abused by an Ohio State team doctor.
Is Major Move Coming For Asta Funding, Inc. (ASFI) After This Bullish Multiple Top Pattern?  The MAK DailyInvestors sentiment increased to 1 in 2019 Q1. Its up 0.43, from 0.57 in 2018Q4. It is positive, as 2 investors sold Asta Funding, Inc. shares while 2 reduced.
Asta Funding Inc (NASDAQ:ASFI) Just Reported Increased Shorts  Invest TribuneInvestors sentiment increased to 1 in 2019 Q1. Its up 0.43, from 0.57 in 2018Q4. It increased, as 2 investors sold Asta Funding, Inc. shares while 2 reduced.
Congress' duty to investigate structured settlement fraud  The HillCongress' good intention with these structured settlements has devolved into a system of deception and financial swindling.
Tower MSA Partners’ Dan Anders to Discuss Metrics for MSAs and Claims Settlement Strategies at WCI 2019  Yahoo FinanceTower MSA Partners' Chief Compliance Officer Dan Anders will present two sessions at the Workers' Compensation Institute Workers' Compensation ...
Power struggle between attorneys general, local governments on display in opioid litigation  cleveland.comA hearing in front of a federal judge in Cleveland whether to allow tens of thousands of cities and counties to band together to negotiate a settlement with opioid ...
Lawsuit Alleges MetLife Mistake Helped a Woman Keep Settlement Money From Her Daughter  Wall Street JournalA lawsuit related to medical malpractice is the latest example of an unexpected problem popping up at MetLife from decades-old business.

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