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I saw an ad for a class action against one of the major cereal manufacturers in the early 1990s and answered it. Since I was using one of those supermarket discount cards, I could demonstrate that I purchased the product. Otherwise, you had to have receipts. So I got the application and mailed it back, waiting to see what would happen. I did it out of curiosity. Sure enough, I got a coupon in the mail for half a buck off the cereal.

What a friggin’ scam. They accuse the maker of ripping off the consumer, collect a fortune in contingent fees from the settlement, and the payback for the so called victims is nothing more than an incentive to do further business with a company that supposedly ripped them off.

I saw an ad for a class action against one of the major cereal manufacturers in the early 1990s and answered it.

Aw, that's nothing. A few years ago, some diligent Texas shark discovered auto insurers rounding their premium bills up to the nearest cent. He initiated a class action lawsuit. My share (to which I did not apply) came to 13 cents. Add in the cost of preparing the checks, the postage, and of course, the "reasonable" attorney's fees, and Texas customers definitely benefited courtesy of the legal profession.