Re: Possible Class Action Law Suit Against GMs Faulty Intake Gasket Failures

Page 2 of 2  
You may want to look at what the Plaintiffs usually get in these suits. 99% of the time they get NOTHING but a note telling them that the case was settled.
For instance a big multistate class action lawsuit against Compaq. The suit was brought because they were supplying machines with a restore disc instead of separate software discs for each installed item (this is NOW the current practice of most companies) and because some hard drives were failing. The suit went through the system and was settled for well over 8.5 million dollars. The plaintiffs got coupons that stated they were entitled to 43 dollars off the price of the retail version of the OS in the machine (at the time that program was 189.00 retail) NOTHING else. The lawyers however received compensation of 4.3 million.
I can almost tell you the exact result of a class action suit against GM about these gaskets. The people in the class will get a notice mailed to them that will say that GM will pay for the repair as goodwill. The lawyers will get the cash. Probably 1-2 million IF they have a good case. That is why the scumbags love class action suits. very little work for a HUGE payoff. Look at all of them going after Vioxx. The company pulled the drug after it was discovered that WHEN MISUSED and taken IMPROPERLY it MIGHT cause problems. Now every joker and his partners are going to try suing them. Even though other medications like VIOXX are still on the market and HAVE BEEN PROVEN to be FAR worse.
Never seen a single class action suit yet that resulted in the plaintiffs getting the bulk of the settlement. 1/3 goes to them. 1/3 goes to the lawyers and the rest is "expenses and research" Guess who gets that? The lawyers....
--
Steve Williams

"GTA" < snipped-for-privacy@yahoo.com> wrote in message
  Click to see the full signature.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

That pretty much summed it up Steve. Good examples.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Sadly there is plenty of ground for the lawyers to till when you have companies like GM putting millions of copies of a rotten design into customers' hands.
John
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Hmmm, you sound like you work for GM since that has pretty much been their standard response to customers who have been caught holding the bag.
John
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Related Threads

    Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here. All logos and trade names are the property of their respective owners.