STOP DEFENDING CORPORATE MISCONDUCT
Fitbit lied to its customers. IT knew the product had a serious defect. The customers? Screw them. They had no idea because the company records showing the defect are not public. And the BEST thing about all this, from Fitbit’s standpoint, is ONE customer will NEVER sue. It would cost them way too much money. Fitbit therefore keeps over $30 million for something that doesn’t work!
But wait. In come the class action lawyers. They invest, in a typical case, over $1 million out of their own pocket to hire expert witnesses, to obtain and review documents, to devote the resources of their law firm—on a proposition for which they can end up with zero.
How many of us readers would work for even two years, and lay out hundreds of thousands of dollars of our own money, on a job that we take the risk of getting paid nothing at the end? I thought so.
In exchange for the risk, payment to the lawyers is made on what everybody who is reading this article has known their entire adult life. A contingency of 1/3.
So at the end, the lawyers beat Fitbit. It is forced to pay $30 million. And lawyers get their 1/3.
What is the problem with that, eliciting so many hateful comments, other than the greed of all of us who wish we had the education, skill, training and experience to be able to do the same thing.
Biting the hand that feeds IT
