šŸ” Where have you been all my life?

Plus, Temu delivered more than just cringey commercials to consumers...

Happy Thursday. Youā€™re subscribed (hopefully šŸ™) so now you are seeing class actions pop up all around you. But ever wonder why they never really crossed your mind prior to this newsletter? Well, reaching people is hard, not having all their info makes it harder, and doing it while looking legit in todayā€™s world, even harder yet. Letā€™s dig in and connect the dots.

CONNECTING THE DOTS  

šŸ” Like Rihanna belted in 2011, ā€œWhere have you been all my life?ā€
šŸ”¢ Bringing in the stats for the numbers folks out there
šŸŽ™ļø In Other News: Temu doesnā€™t only deliver out of touch Superb*wl ads, theyā€™ll allegedly deliver spyware to you via their malware ā€“ we mean ā€œappā€.
šŸ—ƒļø Case Docket: Big cases like Verizon, Chicken Antitrust and the big kahuna ā€“ Visa Mastercard ā€“ are all live check them out before their gone!
šŸ—žļø What Else? See what else you can file for now and look out for soon!

Florence Lo via The New York Post

Get this email and this and think, ā€œWait, could I really be eligible for a settlement recovery?ā€ ā€” the answer is, Probably!

ā© Was this newsletter forwarded to you? Subscribe to not miss out!
šŸ‘Øā€šŸ‘©ā€šŸ‘§ā€šŸ‘¦ Got friends, family, or even enemies you think would like this? Help us grow and forward it their way. We appreciate you getting connected.

CLASS ACTION BASICS
šŸ§³ Where have you been all my life!?

Source: GIFER

šŸ§ Why Haven't I Heard About Class Actions Before?

Iā€™m gonna make the bold statement and say, that if youā€™re an everyday American, buying everyday productsā€¦ chances are that you have been affected by AT LEAST one class action settlement.

ā€œOK wise guy, then why havenā€™t I heard of all these cases?ā€

In reality, they probably tried. Whether it was sad post card in the mail, a website ad banner, an email that either gets delivered straight to your spam folder, OR you move it there after thinking, ā€œthereā€™s no way this is legitā€, they havenā€™t been grabbing your attention. Donā€™t worry, you're in good company.

Many Americans are unaware of class action lawsuits and settlements that may have been affected by. Letā€™s dig into a number of reasons why this news may not be reaching ā€˜em:

1) Notification requirements
Oftentimes the courts and administrators rely on less-than-effective methods: sad postcards in the mail, emails that look like spam (or end up in your spam folder), newspaper ads, or even billboards that probably donā€™t reach all those affected.

2) The law doesnā€™t read quite like Shakespeare
Weā€™d bet not many of you want to read through the long, complex class action lawsuit documents, sifting through brain numbing legal jargon to recover $20ā€¦šŸ«  (donā€™t worry, weā€™re here to take care of that for you)

3) Disproportionate media coverage
You know how in the news youā€™ll see the same story every hour on the hour for a week but then something that happened close to you just scrolls across the bottom. Well, this same concept applies to class actions. While some high-profile cases garner significant media attention, many others may not receive the same level of (or any) publicity. Whatā€™s the problem? Well this contributes to the overall obscurity surrounding class actions for a substantial portion of the populationā€¦ and thus people donā€™t know to file to get whatā€™s owed to them.

4) Email turnover is surprisingly high..?
Itā€™s a staggering fact but it's been found that over one in three people change their email address every year for various reasons, making it difficult for class administrators to reach potential class members. Pair that with ever growing spam folders, and thatā€™s no surprise the news isnā€™t getting through.

Great, so all hope is lost.

Quite the opposite! Weā€™re on a mission to bridge the gap between these settlement cases and you, helping inform and educate as many people as possible so they can reclaim whatā€™s theirs.

Can it really be that bad? Keep reading!

NUMBER CRUNCHERS
šŸ”¢ Are you underestimating the impact class actions can have on your wallet?

Like when someone creates a posts and nobody likes it ā€“ thatā€™s how class action settlements must feel.

Donā€™t take our word for it, the Federal Trade commission (ā€œFTCā€) spent a lot of hours analyzing what worked (and what didnā€™t), producing some of the saddest filing rates weā€™ve ever seen. Letā€™s peek at whoā€™s (not) filing and some more hopeful rates for those out there still on the fence:

Of 150 class action settlements surveyed, the FTC found the median claim rate to be ~9% (< 1 in 10). More baseball fans are likely to root for the NY Yankees (1 in 9.77)ā€¦

The report shows that 12-15% were undelivered and 15% that were delivered, remained unopenedā€¦ HOWEVER, of the claims filed, 86% were approved. 

Settlements get a bad rap of paying you $7.37, and while those to occur, the FTC found that consumer settlementā€™s median compensation payouts are MUCH better - check them out:
 
1) 50% of claims are $69+
2) 42% of claims are $100+
3) 25% of claims are $200+

Want to look at the full FTC Report? Click here

Source: Federal Trade Commission Staff Report, September 2019 - Consumers and Class Actions: A Retrospective and Analysis of Settlement Campaigns

NEED A RECOMMENDATION? 
šŸ“• What else weā€™re reading

No Mercy / No MaliceEvery Friday, bestselling author and NYU Stern Professor Scott Galloway shares his take on the digital economy offering a unique blend of personal narrative and provocative business insights.

SETTLEMENT CASES
šŸŽ™ļøIn Other NewsšŸŽ™ļø

For those attempting to ā€œshop like a billionaireā€ā€¦ the Chinese mass clothes maker is facing a lawsuit claiming Temu app has access to 'literally everything' on your phoneā€¦

Image via New York Post

Ever wonder ā€” is this app really an app? Well, apparently while Temu spent millions to deliver not one, not two, but three cringe-worthy big game commercials, the company found itself facing allegations that they "purposefully and intentionally" loaded its app with spyware and malware and deceived customers about how it uses their dataā€¦

Click Here to keep reading on this Temu spyware class action lawsuit.

CASE DOCKET
šŸ—žļøWhat Else is Going On?

Interested in checking out more cases? Click on any of these below or check out our website for our full list of open settlements.

Open to Claims (aka file now before theyā€™re gone!) 

šŸ’³ Visa & Mastercard ($5.54 billion settlement) Accept Visa or Mastercard branded debit or credit card swipes? You may have been overcharged card swiping feesā€¦
šŸ“µ Verizon Wireless ($100 million settlement) Pay Verizon Wireless for cellular or data? They may have been charging you extra ā€œadministrative feesā€ every monthā€¦
šŸ— Buy Raw Chicken? ($181 million settlement) Purchase fresh or frozen raw chicken? You may have been overcharged for years by some of the biggest names in the chicken gameā€¦

Your GF/BF when its time to leave for date night (psstā€¦ not quite ready.)

šŸ›©ļø Fly Recently? ($60 Million - so farā€¦) Take a flight on American, Delta, Southwest or United? You may have been overcharged for your flights over the years...
šŸ” Search in Incognito? (~$5 Billion) Google may have tracked your (and millions of other Americans) data while you were browsing privately...

FUEL YOUR GROWTH
šŸ“ˆ Our weekly recs list of tools to help you grow 

TOOLS WE USE
šŸ“° Aspiring newsletter authors ā€“ try beehiiv, the newsletter platform built for growth (psst. we use it!)
šŸ—žļø Already a newsletter author? Get paid for referrals with Spark Loop.

ONE CLICK AND DONE
ā˜•ļø Want the best daily business newsletter to go with you coffee? Check out Morning Brew.
šŸŖ  Need that nudge to launch your startup? Check out Half Baked, the free newsletter that gives you 2 startup ideas delivered fresh 3 times per week.
šŸ’¹ Interested in alternative asset investing? Check out the Vincent Report.
šŸ›« Flyover their bias, arrive at your news with The Flyover.
šŸ“ˆ Check out Market Briefing for a crisp morning market update. 

LET US KNOW YOUR THOUGHTS
šŸ«µ Whatā€™d You Think of the Newsletter?

We want to hear from you!

Login or Subscribe to participate in polls.

ā˜‘ļø Have direct feedback? Reply directly to this email to let us know!
šŸ§ Got questions? Send them our way to answer in this newsletter.
šŸ’» Check out our website today to file your claim with us.
ā˜•ļø Nothing fuels a newsletter like coffeeā€¦ lots and lots of coffeeā€¦ If you wanna spread the love, you can buy us a coffee here!

DID YOU KNOW? ļ»æ

Fun Fact: Environmental class actions have played a role in holding companies accountable for pollution and hazardous waste disposal. Example: in 2018, a California resident brought a class action suit against Keurig, a maker of plastic coffee pods because the company claimed its pods are recyclable, though in many places they are not, which ended up settling for $10 million.

ā€“ā€“ā€“ā€“ šŸ“ FINE PRINT šŸ–Ø ā€“ā€“ā€“ā€“

Weā€™re all trying our best to be smart people and make responsible choices here. Nothing in this newsletter is legal or financial advice and content is created for informational and educational purposes only. If you are looking for legal and/or financial advice, help yourself out and hire a professional. We appreciate you checking out our newsletter and look forward to bringing more exciting (and dollar filled) settlement opportunities to your inbox! šŸ¤žšŸ¤žšŸ¤ž

PLEASE NOTE: You do not have to use a third party like CAC and can always file a claim on your own. If you are a settlement class member, you must complete and submit a valid Claim Form in order to receive a payment. You may request a Claim Form by calling the Settlement Administrator or visiting their website for that particular case. Happy filing!

Reply

or to participate.