Class Action Lawsuits

21 September, 2007 (09:52) | Personal Thoughts

This has nothing to do with PPC.  Let’s say it does in that lawyers suck.  And… they use PPC sometimes.

I was just included, by no action on my part, in a class action lawsuit against Equifax.  We won!  Yippee!

So, what does he win, Chuck?  Well, Rian gets at least three months of FREE credit reports!  That’s right!  No need to buy anything to see his own credit information for three whole months!  Take that, Equifax!  Oh, but that’s not all.

What do the lead plaintiffs get?  They were the ones who were wronged sufficiently to feel the need to file a lawsuit.  They must really get something great.  They do.  $7500!  Don’t spend it all in one place, ladies!

Well that doesn’t seem like it’s going to make Equifax very sad.  After all, they manage to make a fortune off of selling people’s personal information back to them.  They produce seemingly arbitrary scores that they won’t explain in detail but that have huge impact on the financial lives of millions of people.  Surely, if our legislators won’t do anything to reign in this abuse of the citizens, the legal system will do so via punitive damages.  Never fear…

THE LAWYERS!  They get $4,000,000!!!

How much will even that upset Equifax?  Well, consider that it’s just slightly more than they paid just their CEO last year in salary and that they made somewhere north of $900 million last year in PROFIT (on $1.6 BILLION in revenue).

That should teach them a lesson they won’t soon… hang on, I’m receiving word that they have, in fact, already forgotten that this ever happened.

God bless America.

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