Free domains (retroactively)

http://www.register.com/zurakov/notice.html

Remember that $1.00 domain sale in Sept. 2000 at Register.com?

Now (as a result of the settlement of a class-action lawsuit) they owe
$5.00* to people who registered domains between 30 January 1998 and 6 March
2001. And you thought $1.00 was a deal :slight_smile:

[*in the form of a discount off future registration]

Re: Free domains (retroactively)

I just watched this 20/20 special on class action lawsuits.

You know the kind where you get something in the mail from your credit card
company, ISP, or blockbuster saying they owe you a free rental or a $5
coupon.

Seems that the laywers in these class action suits are the ones making all
the money off of it. Anywhere from $600,000 to $1.5 BILLION! While the
actual people in the suit usually end up with pennies IF they can figure out
the legalese it takes to decipher what they have to do to actually get their
…35 cent gift certificate.

It was a very interesting story…
http://abcnews.go.com/sections/2020/GiveMeABreak/gmab_madisoncounty030905.html
or: http://tinyurl.com/mvus

gotta love the google toolbar popup blocker…


Rodney Blackwell - http://www.5r5.net

“I’m the latest craze” - Macy Gray

“Winston” <dl@winston.org> wrote in message
news:bjmnam$8l9$1@www.darklock.com
> http://www.register.com/zurakov/notice.html
>
> Remember that $1.00 domain sale in Sept. 2000 at Register.com?
>
> Now (as a result of the settlement of a class-action lawsuit) they owe
> $5.00* to people who registered domains between 30 January 1998 and 6
March
> 2001. And you thought $1.00 was a deal :slight_smile:
>
> [*in the form of a discount off future registration]
>
>

Re: Free domains (retroactively)

Well, the idea behind the concept of class action suits is to make
sure that the company gets punished even when no one individual
would be due enough money to make suing worthwhile. So the fact that
the people don’t get much isn’t a surprise (the goal is that the
company loses it, not that anyone else gets any real benefit).

But those lawyer’s cuts are a bit over the top. I wonder how typical
these are of class action suits