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by josho 1688 days ago
Is this necessarily a problem? I don't have the resources to litigate a multi-billion dollar company over their dishonest practices. But if someone knocked on my door and said they'd take all the financial risk I'd be all over the opportunity to help correct industry practices.
1 comments

The problem is that it entices people who couldn't have cared less before money was dangled in front of them to participate in the lawsuit for that reason only.

Someone at a law firm deciding that "hey, we could make a lot of money suing Kellogg, now let's go find a reason to do it" is not what I'd consider an appropriate use of the legal system.

Yeh, I agree with you. But this is the system we have.

Ideally we'd have a consumer protection group that would have raised the issue decades ago. But, it seems a vast majority of Americans don't trust government to regulate and elect officials that weaken these institutions. Instead they favor letting market do it, and that's how we got here.