Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement - Consumerist Comments

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

doctor_cos — Wed, 02 Apr 2008 22:00:01 EDT

@rellog: Paying back triple will only work if the House of Isher does not get involved.

doctor_cos

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

rellog — Wed, 02 Apr 2008 21:23:03 EDT

@AutumnD: Not necessarily. Companies can ask a judge to lump other suits into a class action.

rellog

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

rellog — Wed, 02 Apr 2008 21:21:50 EDT

The only way to get any real justice or oversight is to pass laws that force companies that engage in this type activity to pay back triple the amount taken to each wronged person. Taking that amount from the bank accounts of the individuals high up in the corporation would be another proper step.

rellog

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

Ryan Duff — Wed, 02 Apr 2008 20:56:38 EDT

@chartrule: The only winners in ANY lawsuit are the lawyers.

Ryan Duff

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

Michael Belisle — Wed, 02 Apr 2008 19:47:18 EDT

The New York Sun? Is that like the New York TImes?

Michael Belisle

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

AutumnD — Wed, 02 Apr 2008 11:26:03 EDT

The law firms take these cases on a contingent fee basis. If they don't win, they don't get paid.

These cases can drag on for years. If a law firm puts 20 attorneys on one case that lasts for 10 years, why shouldn't they be paid for that work, especially given the risk that they could lose and not be paid at all?

Yes, it sucks that the plaintiffs don't get more money, but the plaintiffs always have the choice to file their own lawsuits (at the cost of many thousands of dollars). By joining the class action, the settlement is less, but so is the risk involved.

AutumnD

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

Fidel on the Roof — Wed, 02 Apr 2008 10:58:30 EDT

There are NOT ENOUGH judges or people in prominent positions who ask these important questions.

I wish there were more like this judge.

If you don't ask, they will take even more.

Fidel on the Roof

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

Beerad — Wed, 02 Apr 2008 10:24:39 EDT

@chartrule: And the public, who benefit from the companies engaging in this kind of shadiness being punished.

Beerad

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

Mr. Stupid — Wed, 02 Apr 2008 09:35:51 EDT

I don't care how much they get. I just want my $25.

Mr. Stupid

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

chartrule — Wed, 02 Apr 2008 09:11:43 EDT

the only winners in a class action lawsuit are the lawyers

chartrule

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

WillScarlett — Wed, 02 Apr 2008 08:45:25 EDT

I don't think you should have received your settlement yet. If you have submitted the paperwork, you should be in good shape. They are still figuring out the payment, as it says in the post.

WillScarlett

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

hypochondriac — Wed, 02 Apr 2008 07:35:35 EDT

That reminds me. I still haven't received the settlement money. Time to find where I put the paper work.

hypochondriac

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

Chris Walters — Wed, 02 Apr 2008 06:05:08 EDT

@MickeyMoo: Check the "RELATED" link at the bottom of the post.

Chris Walters

Judge Wants To Know Why 31 Law Firms Are Seeking A Cut Of The "Credit Card Hidden Transaction Fee" Settlement

MickeyMoo — Wed, 02 Apr 2008 05:56:15 EDT

Backstory (of the linked variety) is a good thing.

MickeyMoo