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  1. Amadio

    Class action suit against banks

    Not the bank customers, no. In a class action suit the lawyers take all the risk but will also be up for some massive fees if they lose. I suspect that a settlement of some kind will occur, reducing the costs for everybody, but also any pay-out.
  2. Amadio

    Class action suit against banks

    This is going to be a very interesting case I think. The combined fire power of all the banks combined will be formidable but what they have been doing is not pretty so perhaps the class action suit has a chance. If you've ever been stung with some kind of penalty here is the place to...
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