That pretty much describes every class action...
"money grab by lawyers" is the mechanism for class actions to work, not a fault. Class actions were put into law to allow companies to be *punished* (by money) for pulling fast ones for small amounts of money on a lot of people. It wouldn't be worth each individual pursuing action. The lawyers work on contingency, and get a large part of the settlement.
Again, the prime purpose of the class action is not to get restitution for the victims, but rather to punish the offender by money. It is therefore more important for the sum to be large, than for the victims to be compensated, to stop repeat behaviour. Thus it is not too important where the money goes.
Biting the hand that feeds IT
