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Old May 8, 2013, 6:59 am
  #148  
ma91pmh
 
Join Date: Aug 2009
Location: RDU
Programs: A few
Posts: 5,499
Originally Posted by Marathon Man
Class action is a bad choice. Easier for them to contest one lawyer in one court and we all get less

A gazillion indiv sc suits makes the bank just decide to settle instead of being forced to send a rep to many cities and towns
Agree totally. Not that I am about to file anything, but also with class action you are going to give up most of the spoils. With average losses of what $5-6k each, they'd need to find 200 people and take more than half the upside just to take the case on.

Lots of small claims to fight everywhere, that's a little harder.

Just keep good records, and beware of unintended consequences.
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