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Started By
Message
re: Had a Red Bull in the Last 10 Years? You've Got $10 Cash Coming
Posted on 10/6/14 at 12:25 pm to Stadium Rat
Posted on 10/6/14 at 12:25 pm to Stadium Rat
Typical Class Action.
Lawyers get $4,750,000.00.
Original 3 plaintiffs get $5,000.00
Everyone else gets $10.00
And lawyers wonder why people hate on them.
Class Counsel will apply to the Court for their fees and expenses not to exceed a total of $4,750,000.00, subject to the terms of the Stipulation. Class Counsel will also request that the Court approve Red Bull’s payment of “incentive awards” of $5,000 to each of the three Class Representatives. Red Bull will not oppose these requests.
Lawyers get $4,750,000.00.
Original 3 plaintiffs get $5,000.00
Everyone else gets $10.00
And lawyers wonder why people hate on them.
Class Counsel will apply to the Court for their fees and expenses not to exceed a total of $4,750,000.00, subject to the terms of the Stipulation. Class Counsel will also request that the Court approve Red Bull’s payment of “incentive awards” of $5,000 to each of the three Class Representatives. Red Bull will not oppose these requests.
3
Posted on 10/6/14 at 12:26 pm to jbgleason
quote:
Typical Class Action. Lawyers get $4,750,000.00. Original 3 plaintiffs get $5,000.00 Everyone else gets $10.00
Posted on 10/6/14 at 12:31 pm to jbgleason
You seem pretty mad over this. Are you a Red Bull shareholder?
Posted on 10/6/14 at 1:47 pm to jbgleason
quote:
And lawyers wonder why people hate on them.
They take lots of risk in a lawsuit like this. They could not win a dime and lose tons of money
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