Former Yahoo Advertisers Objecting To Class Action Settlement After Realizing They Get Nothing

from the but-the-lawyers... dept

We've discussed in the past how the class action lawsuit process if often abused mercilessly. While the concept of a class action lawsuit can make a lot of sense, as you look at the details of many of the lawsuits, they do little to nothing to benefit the "class," but plenty to make the lawyers involved quite wealthy. Eric Turkewitz, a personal injury lawyer who actually does tend to like class action lawsuits, finds himself on the other end of one such class action lawsuit -- involving charges of click fraud being allowed by Yahoo! -- and is now objecting the settlement which pays the lawyers a ton, but offers absolutely nothing to many former Yahoo advertisers, like Turkewitz. In looking over the details of the settlement, he realized that the only companies that would be getting paid (and by getting "paid" it meant $20) were companies no longer in business (which, he notes, also means they're not likely to file). Once again, we're seeing a "class action settlement" where the lawyers all make out, but the "class" seems to get shafted.

Filed Under: class action, click fraud