facing $1 Mil class action settlement, but impact may be less than it appears

July 28, 2015 may be on the hook for almost $1 million if a class action lawsuit settlement meets court approval at the end of next month. However, the settlement’s fine print could offer a much softer financial landing for than the bottom-line numbers may suggest. As with many class-action settlements, may actually pay more […]

How is it that will probably get a softer landing in its class action lawsuit settlement? The details, like many companies, is likely to have a far softer landing than the almost $1 million settlement total indicates. This is because most of the potential liability — offered in the form of modest amounts to be applied to future purchases — is unlikely ever to be claimed. Problems in establishing the “claiming rate” […]