Yesterday 6:19 pm
When an entity loses or settles a class action lawsuit, it puts a specific amount of cash into a settlement fund to pay the victims, cover court costs, and pay the lawyers.JohnnyYou » Today, 3:05 pm » wrote: ↑ The MAGA Paradox..
Tell me the anti-weaponization shlush fund is not even close to reparations. Trump is trying to get us to repair the **** traitors lives. With OUR Money. Most expensive protest in history. Talk about getting paid for it.. Enrique Tarrio says he deserve $10 Million for the poor wah wah wah he set himself up for.
I am enjoying some Old Milwaukees... Man I miss Schlitz.
Here are real-world examples of money set aside for class action lawsuits, grouped by the type of problem they fixed:
Data Breaches and Privacy
- Equifax Data Breach: The credit company set aside $425 million after hackers stole personal data from 147 million people.
- Google Android Data Tracking: Google put $135 million into a fund for users who had their cellular data tracked for ads.
- Volkswagen Diesel Scandal: The car company set aside a record $14.7 billion. The cash paid to buy back cars from owners after the company lied about emissions tests.
- Mercedes-Benz Emissions: The company put $789 million into a fund to pay cash to vehicle owners for high pollution levels.
- Bayer Roundup Weedkiller: The company proposed $7.25 billion to settle claims that its product caused cancer.
- Generic Drug Price-Fixing: Sun Pharmaceutical and Taro Pharmaceutical set aside $200 million to resolve claims that they secretly raised drug prices.
- Visa and MasterCard Fees: The credit card giants created a fund of up to $5.5 billion to pay back merchants who were overcharged for swipe fees.
- Colgate-Palmolive Retirement: The company set aside $332 million to pay back retirees who received smaller pension payouts than they were owed.