While you are correct that most shareholder class actions are more about enriching the lawyer than the stockholder, without the lawsuit you would get nothing. Also, without the lawsuits, the ones who perpetuate frauds on their investors would have much reason not to do so. in this case, while 6 bucks a share is pennies on the dollar, its still 6 bucks. If the entire attorney’s fees were added to the pot you’d still only get $6.60.
I basically got nothing. $35 for a $2000 loss? I would consider “something” $200-300. I would prefer to receive nothing because I know where much of that money you say is going to the “firm” ends up. Democratic candidates campaign contributions. If they were just capitalist lawyers and lived the good life off of their efforts, that would be fine. But knowing that they aid and abet the enemy is more than I can swallow.