Another class action suit, another lousy settlement. Are or were you a member of Netflix? Sign up for your benefits under the class action settlement, and receive a free upgrade (or for former members, a free month) of service. That is one whole extra DVD at a time per month. Doesn't sound so hot? It gets better. The next month, they'll keep you on the upgraded plan and raise your bill to match it! Class action settlement, or class action fleecing?
posted by jmccorm on Nov 2, 2005 - 62 comments

As Attorney General for the State of North Dakota, I am pleased to enclose payment for your claim in the settlement of the Compact Disc Minimum Advertised Price Antitrust Litigation.
Checks have gone out to people who "purchased prerecorded Music Products, consisting of compact discs, cassettes and vinyl albums, from one or more retailers during the period January 1, 1995, through December 22, 2000." Mine was for $13.86. I think I'll go buy an indie CD.
posted by travis on Feb 24, 2004 - 24 comments

MikeRoweSoft Settles with Microsoft for an XBox
Mike Rowe had a website named after himself that was alot like the mega-corp.
MS wanted to give him $10 to change the domain, he wanted $10k. They settled on a trip to Redmond, some traffic redirection and an XBox.

Followup to this thread.
posted by fenriq on Jan 26, 2004 - 20 comments

Big Business As Usual. "In announcing their record settlement with 10 Wall Street firms accused of misleading investors with bogus recommendations, [the Securities and Exchange Commission] also released new e-mail records showing stock experts chortling about how they were making out like bandits at the expense of the average investor", and revealed troubling insights into the way Wall Street really works: "Merrill Lynch initiated coverage of LFMN on September 28, 2000 with a 2-1 [10-20% appreciation forecast short term, 20% appreciation forecast long term], when LFMN traded at $22.69. At that time, Merrill Lynch was pursuing an investment banking relationship with LFMN. After Merrill Lynch initiated research coverage, LFMN's price declined to the....$3-5 range in December. On December 4, 2000, Blodget e-mailed a fellow analyst,'LFMN at $4. I can't believe what a POS [piece of shit] that thing is. Shame on me/us for giving them any benefit of doubt.' Merrill Lynch's research report on LFMN dated December 21, 2000, [reiterates] a 2-1 rating..."
And the "record settlement" with these common swindlers in three piece business suits from our brave SEC? For Wall Street, Fines Are A Day's Pay.
posted by fold_and_mutilate on May 7, 2003 - 23 comments

I made my claim. Have you? This Web site was established to provide information about a proposed Settlement of lawsuits brought by Attorneys General of 43 states, Commonwealths and Territories, and by counsel for the Plaintiff Settlement Class entitled In re: Compact Disc Minimum Advertised Price Antitrust Litigation. You may be a member of the Settlement Group and your rights against Defendants may be affected if you are a person or entity that purchased these prerecorded Music Products from a retail store during the period of January 1, 1995 through December 22, 2000.
posted by Witty on Jan 7, 2003 - 12 comments

Scientists will tell you that Hydrogen is the most common element in all of nature. Me, I think the scientists have it all wrong. I think the universe is really made out of irony
posted by BentPenguin on Mar 12, 2002 - 9 comments

Judge kills Microsoft private suit settlement that would have had MS donate hundreds of millions of dollars worth of software to schools... and effectively killed any incentive to use non-MS products such as a Macintosh or Linux.
posted by pmurray63 on Jan 11, 2002 - 9 comments

Microsoft signs consent decree with the US government to settle antitrust case. Settlement is fair, reasonable and good for consumers; It is time now to focus on challenges ahead for the industry and Economy, says Gates.
posted by riffola on Nov 2, 2001 - 23 comments