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$4.75M settlement amounts to pennies

Full story: Orlando Sentinel

Consumers are on the verge of winning a multimillion-dollar legal settlement against Bayer AG, one of the world's biggest chemical manufacturers, but it's no bonanza -- it works out to less than 4 cents a ...

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JamesD

Belleview, FL

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#1
Oct 3, 2007
 
This is just another example of the consumer getting the short end and lawyers making millions. The lawyers make fortunes while the consumer, or complainant gets nothing.
DVC Member

North Brunswick, NJ

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#2
Oct 3, 2007
 
Msny politicians are lawyers and they make the law. Judges are lawyers and they adjudicate the law. If you are looking for organized crime in this country where the public is blatantly ripped off, just poke your head into the nearest courtroom.
Albert Einstein

Daytona Beach, FL

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#3
Oct 3, 2007
 
As in the old country/western song, "The lawyers got the gold mine and the consumers got the shaft.
PI Lawyer

Cape Coral, FL

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#4
Oct 3, 2007
 
This is sad! There are many concientious lawyers out there, lawyers who put their clients first but this type of thing give us all a bad name.

I hope that Ms. Stutzman attends the hearings, the fee hearings and continues to report on this matter.

Also, I would like to see her do a story on Lawyers who sacrifice for their clients.
eightball

Okeechobee, FL

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#5
Oct 3, 2007
 
JamesD wrote:
This is just another example of the consumer getting the short end and lawyers making millions. The lawyers make fortunes while the consumer, or complainant gets nothing.
Right on Brother.
About Time

Pompano Beach, FL

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#6
Oct 3, 2007
 
How is this news? This is how it works, and this is why lawyers are the ones who push class action suits.

And who do you think pays when the company settles? You. The consumers and the shareholders. Companies pass along all these fees and penalties in the form of higher prices and lower returns. In the end, consumers pay MORE than if there were no suit.
LIBERALS HATE facts

Orlando, FL

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#8
Oct 3, 2007
 
.....well....'their families' filing suit....not the victims....obviously....
Gloom and Doom

Silver Spring, MD

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#9
Oct 3, 2007
 
What can I say. "Lawyers"? About the worst crop of people ever and the biggest crooks in the world. What was that joke? A yellow school bus full of lawyers at the bottom of the sea. They should donate "ALL" of the money to charity. CREEPS.
SAB

Lake Mary, FL

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#10
Oct 3, 2007
 
"But in their pleadings, they described the proposed settlement as "fair, reasonable and adequate" and said it had been worked out over months of "serious, informed, non-collusive negotiations."
Sounds like alot of money for a few months of work. Classic!
coolkraft

Cape Coral, FL

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#11
Oct 3, 2007
 
lawyers and politicians...all in the same bed screwing the poor consumer
bunky

Palm Coast, FL

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#12
Oct 3, 2007
 
you will note that this is the same guy on TV telling you he's looking out for your interests
Perspective-boy

Pinellas Park, FL

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#13
Oct 3, 2007
 
Only thing the consumers get is 1) a charitable donation of over $3 million, 2) unearned profits coming out of the pocket of a corporation who was stealing from the public, ans 3) deterrent effect that will prevent future price fixing and make goods cheaper for everyone. Should class action lawsuits not be brought if the damages are huge in the aggregate but individually small? If not, corporations could just screw us a little each time (a dime each?) and get away with it since the individual amount would be too small.

You want to talk about numbers? Here you go: fees- 1.4 million. Plaintiffs- 130 million. Total earned per plaintiff represented-$0.01.
Easy Target

Tampa, FL

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#14
Oct 3, 2007
 
I'm with Perspective-Boy. Not sure about this cases, but without the class action vehicle, the corps would steal a nickle from each of us. We wouldn't care b/c it's so small. Multiply that nickle times a millions of consumers and the big corp makes out ..well,...big. Those griping about it, go ahead and ask the corp for you nickle back. See what they say. Then go ahead and sue them for you nickle. Have fun. Everytime one of those class actions shows up in the mail, I sign on. Better the I get my nickle and the lawyer makes money, and the bad guy doesn't get to KEEP the money.
Skeptic

Cape Coral, FL

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#15
Oct 3, 2007
 
But what if they steeel a dime from each of us, the lawyer settles for a nickle so he/she will get a fee. Isn't that lawyer also stealing a nickle?
Mega Corps

United States

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#16
Oct 3, 2007
 
We own you.
Dan

Pittsburgh, PA

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#17
Oct 3, 2007
 
F'in Crooks
fees and expenses

Fort Lauderdale, FL

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#18
Oct 3, 2007
 
no suprise there folks!
Lawyer

Ocala, FL

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#19
Oct 3, 2007
 
Hey - we make money the old fashion way. We steal it!
Mike

Jupiter, FL

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#20
Oct 3, 2007
 
Who is actually suprised here ? Lawyers who take these cases care NOTHING about helping people , they are just take the case for the huge payday from corporate america.....lawyers making a living by *(%$^ the public... no suprise here
Take-action

Cape Coral, FL

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#21
Oct 3, 2007
 
You could send a letter to James Perry and ask him to reject the settlement unless the damages paid bear a reasonable proportion to the damages. Otherwise, class actions can be a form of legal extortion.
Judge James Perry
301 N. Park Ave
Sanford, Florida 32771

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