If You Owned a PC With a DVD Drive You Might Be Able To Claim $10 (theverge.com) 99
If you owned a PC with a DVD drive more than 10 years ago, you're probably owed $10. From a report on The Verge: A class-action lawsuit is now accepting claims after Sony, NEC, Panasonic, and Hitachi-LG were accused of inflating the prices of optical drives sold to PC makers like Dell and HP. If you bought a PC with a DVD drive between April 1st 2003 and December 31st 2008, you'll be able to claim $10 for each drive as part of the class-action lawsuit. It appears you don't need to provide any proof of purchase -- the settlement administrators are simply collecting names, email addresses, and the number of drives owned at the moment. You'll need to submit a claim before July 1st, and the money won't be released until other defendants in the litigation have settled.
Re:tl;dr: some lawyer gets rich (Score:4, Insightful)
everybody else gets $10. It's not even worth my time to file.
I put a pretty high value on my time, but it just took me about a minute to potentially claim $30. I would have to value an hour of my time at about $2000 for this to not be worth the time to file. Although if I have to cash a physical check the math changes dramatically.
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* I can't believe I got that all out before laughing at myself...
Also, this is a good little read about banking apps in general...
http://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2016/02/mobile-payments [pewtrusts.org]
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It's 2017. Two thousand fucking seventeen and in America, we still use checks.
In every other developed country in the world, you put down your bank and account number, possibly a TAN number if you're in an EU nation, and a persons name and you can send them money. For individuals it's always fee free, works with any bank and. appears within 24 hours (same day if same bank).
No no, Paypal is not good enough. Neither is Square. Those are closed, private companies. Every other nation has direct, person-to-perso
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If you mean allowing businesses to /draw/ on your bank account w/ ACH, then yes, that's broken as hell and I won't go near it.
If you mean having a business /deposit/ to your bank account, then I don't see what security you need on it?
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Last year I got a check for the DRAM Price Fixing settlement. Many years ago, I got a check for the audio CD settlement.
I suspect that I'll get my $80 for this one. It'll probably take a 12-18 months but money is money.
LK
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How did you find out about those?
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I don't remember distinctly but probably from Slashdot articles.
LK
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You don't have a bank that let's you deposit a check by phone? Even my local credit union supports that.
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You don't have a bank that let's you deposit a check by phone? Even my local credit union supports that.
Honestly my wife deposits all our checks and I've never even looked into what tech our bank supports.
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I put a pretty high value on my time, but it just took me about a minute to potentially claim $30.
That meant you would have to have the record of purchase with specific detail (e.g. receipt + computer spec) as proof too. I doubt that there are many people who still hold on the evidence for that long because their computers would have been purchased 9~14 years ago...
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What do I have to do to get my payment?
File a claim online or by mail by July 1, 2017. The simple online claim form only takes 3-5 minutes for most individuals. Claims may be submitted by mail to In re ODD Products Indirect Purchaser Litigation, P.O. Box 43424, Providence, RI 02940-3424. We highly recommend that you submit the claim online to receive expedited service on July 1, 2017 or soon thereafter.
After July 1, 2017, an email will be sent to your account on file with instructions on how to electronically receive your payment via PayPal, Google Wallet, Amazon Balance, and others.
Plaintiffs have also collected direct contact information for class members and anticipate making reasonable attempts to distribute monies to class members where an address is available. This method is not guaranteed, however, and to ensure payment class members should submit a claims form.
Same here (Score:2)
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I just got my check from the Wells Fargo settlement. It was $0.27, for the trouble of having to chase down a credit card opened in my name and a checking account opened with no money and a bunch of $6/mo "maintenance fees" I had to fight.
$10...isn't that bad, considering.
Re: tl;dr: some lawyer gets rich (Score:2)
I don't remember how many drives I had back then (Score:2)
I don't remember how many drives I had back then. At least 5-6 from owned systems and ones built for others.
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That appears to be part of the point of this class action -- Optical drives were absolutely ubiquitous, and the lawsuit is constructed to send a strong anti-trust message. By fixing prices, manufacturers created a huge artificial cost across the IT spectrum -- from individual home users to enterprise IT purchasing. And since the 2000s, IT spending is a non-trivial part of individual consumers' and business' budgets. The point is to make them feel the pain over price-fixing of a very common and often-replace
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I don't remember either. Probably in the millions.
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I don't either. I wrote down 2 machines and 3 external drives because I can actually prove that I own that many of them, not because I'm sure how many I bought. I know it was a lot more than that.
I Build My Own PC's. (Score:2)
But you can give me $10 anyway.
Re:I Build My Own PC's. (Score:4, Informative)
There is a place to submit a claim for raw drives, as well as computers....
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Previous stories about this price fixing issue of optical drives has also mentioned drives in optical disc players.
So if you bought a DVD player for your TV, that should also be a claim.
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I guess they gave us a break since they already rape us with property taxes.
Texas among lowest taxed states (Score:4, Informative)
Texas is one of the least-taxed states. We have no state income tax (on individuals) and reasonable sales taxes. Texas total state tax burden is 7.6%. Compare California, Wisconsin, and llinois at about 11%. Some states are 12%. Only Alaska is less than 7.1%.
https://taxfoundation.org/stat... [taxfoundation.org]
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Depends where you live in TX. If you live in a high cost real estate area you get it up the ?. I pay 15 grand a year in prop taxes + 8.25% sales tax. It is more than 7.6% of my income. High cost real estate areas subsidize the education system of the entire state thru a law often referred to as robin hood. If I remember right about 40% of the prop tax I pay for schools in austin is redirected to the state low cost areas. One of the problems with relying on prop taxes is if your income goes down, your tax bu
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OP mentioned property taxes not sales. But congrats on the low sales taxes. That is definitely good. The only real downside is having to live in Texas.
"Up to $10" (Score:5, Insightful)
In the end, especially in light of the "no proof of purchase required", everyone will probably get $1.43 per drive, or less. Meanwhile, those driving the class action suit will pull in $25M, or more.
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In the end, especially in light of the "no proof of purchase required", everyone will probably get $1.43 per drive, or less. Meanwhile, those driving the class action suit will pull in $25M, or more.
The only winning move is not to play.
Re:"Up to $10" (Score:4, Interesting)
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Yeah, this is going to be like the Prosper.com lawsuit all over again. I lost about $400 because they grossly overestimated the credit rating of the dead beat lenders I was giving money to. My settlement check from the class action lawsuit came out to $4.61. The law firm probably made millions.
re: Prosper (Score:2)
Same here!
I lent nearly $1,000 to deadbeats on Prosper who never paid back a dime.
I got payments from 2 separate class action suits against Prosper since then, but both were for under $10.
The part that angers me the most is that Prosper was SUPPOSED to turn those debts over to your choice of 2 collection agencies they supposedly employed. I selected one but never heard a THING again. For all I know, they never even really sent anything to collections at all? How would you know as an individual lender?
Yeah, get paid to fight unscrupulous companies (Score:5, Insightful)
While that's true, it's not necessarily *bad*. Without class actions, or if class actions weren't lucrative for the lawyers who organize them, the companies would just get away with it. The lawyers basically a reward for going after companies v who screw consumers over, with sufficient investigation to prove in court what the companies did and how consumers were harmed.
It's not a perfect system, but I'd rather have (proper) class actions than not have them. When a company screws me out of $5 or $10 I'd rather a lawyer go after them (and get the $5) then just let the company get away with screwing epople2 over.
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the companies would just get away with it
Only in your crappy legal system that puts complete weight on lawsuits. Maybe it's time America got some consumer protection laws and an industry ombudsman with some teeth. Then companies can be held accountable to the letter of the law, rather than breaking the law, getting a slap on the wrist and some already rich bloodsucker pocketing the remaining change.
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2. I'm hopeful things will improve once the greedy boomer generation starts dying off, but right now, voters can't even agree that we should have laws against companies dumping lead in the water we drink. "JOBS! JOBS! KILLING JOBS! THE LOONY EPA IS KILLING ALL THOSE JOBS!!!"
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I didn't say it was. But it is a prime example that lawsuits don't trump consumer protection. When it takes a class action and a horde of lawyers not to mention so many years that the product is no longer on sale to solve these problems then the system is fundamentally broken.
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Would be interesting to compare costs of different (Score:2)
It would be interesting to compare costs of different systems. In the US, state Attorney's General offices handle some of these things, the FTC handles some, etc. Each spends resources (money) to do so and each collects fines from time to time. Here, when the Attorney General and the regulatory agencies let things fall through the cracks, any concerned citizen can address via a class action, and the bigger the problem, the bigger is the incentive to organize a class action.
I haven't seen any studies, I woul
Re:"Up to $10" (Score:4, Insightful)
Then go file your own lawsuit for whatever money you'd get.
Class actions happen because there's a hole in the current legal system - as in "steal from many and get away scot-free". If you steal $1,000,000 from 1 person you can probably get a lawsuit to reclaim it. But if you steal $1 from 1,000,000 people, you can get away scot-free.
Think of all the times your cellphone carrier jacks up your rates - if you're on a contract, technically they're not supposed to, but they do. And what are you going to do about it? If they jack it up $5 4 months in a 2 year contract, that's $100 over the term. Are you going to sue them to reclaim that?
Probably not - between court filing fees ($25-40 typically) and having to take a day off, you're probably just going to sit there and complain and pay up. Meanwhile, the carrier makes an extra few million dollars.
And even if you do go through, they'll not show up (lawyers cost money), and take the default judgement. Then they'll pay you back your $100, because they factored that 99.99% of people wouldn't, but the few bored enough to do so, well, it's not a big deal.
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As they should. They are the ones doing all the work.
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On the bright side, the next time companies think about doing something similar, they'll have 25 million reasons as to why it's not a such a good idea.
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Exactly!
There's a class action underway right now over milk price fixing, and it started out talking about you earning as much as $43 or something like that.
I went ahead and filled out my claim, since I lived in one of the states covered and bought milk during that time. But a week later, a friend of mine checked the site and the estimated payout was down to under $10 already, due to all the claims filed.
Does the lawyer's cut depend on this? (Score:2)
You'll need to submit a claim before July 1st, and the money won't be released until other defendants in the litigation have settled.
It sounds like your chances of actually getting any money are slim. Probably all this does is raise the damages so the lawyers get a bigger payday.
Re:Does the lawyer's cut depend on this? (Score:4, Interesting)
I don't know about that. I had forgotten all about the DRAM lawsuit against RAMBUS et al until a couple months ago when a $85 check for my portion of the settlement arrived in the mail. These things DO pay out.
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until a couple months ago
Holy shit. What about that huge and non-trivial number of people who died of old age between the time of the incident and the time the money was finally released?
You're probably NOT owed $10 (Score:5, Informative)
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And the link to the actual form which is always left out of TFS: https://www.opticaldiskdriveantitrust.com/ [opticaldis...itrust.com]
If you purchased a new computer with an internal ODD, a stand-alone ODD designed for internal use in a computer, or an ODD designed to be attached externally to a computer while a resident of Arizona, California, District of Columbia, Florida, Hawaii, Kansas, Maine, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, Oregon, Tenn
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Unfortunately I was a Canadian living in Canada between April 1st 2003 and December 31st 2008 and not eligible.
Fortunately I remain a Canadian in Canada in 2017 and may survive to 2020.
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Boooo! No free money for me!
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Actually, you PROBABLY are, if you're in the U.S. The 23 states and DC add up to about 162 million people (2010 census) which is a little over half of the 308 million people in the U.S.
Yes, I should be working right now.
US Customers only, just like VW (Score:1)
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If you bought a diesel DVD player between 1 April 2003 and 31 December 2008 then you are an idiot.
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If you bought a diesel DVD player
Where can I purchase one of these diesel DVD players?
I just sunk Westinginghouse! (Score:2)
Everybody knows diesel DVD players are less noisy on SONAR than nuclear DVD players.
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But yet writing about your feelings about it and submitting your comment to Slashdot for $0.00 IS worth it?
My Newegg order history... (Score:2)
Funny thing. (Score:2)
I think i did not. Back then i only bought used thinkpads, so i did not by that drive from a manufacturer - and probably these were made before 2003 (I anyway used mainly external USB-dvd drive). Next step (around 2008) was to buy laptops without optical drives embedded (i had an external one+did not see the need for installing OSses-1G USB drives worked fine for debian/ubuntu).
Wrong headline (Score:2)
Here's how to get $10 free!
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Yes, although, should there be any form of checking in the future, what would your charge be? Perjury? Potentially serious punishment for a measly $10.
The Virg. For people who find Wired too demanding (Score:2)
At the moment I have about a dozen.
Oh, that's not what you meant? Learn to fucking write then: " ... at the moment, the settlement administrators are simply collecting names, email addresses, and the number of drives owned [at the time]".
Bad Link (Score:2)
I'm going to be rich (Score:1)
Do not bother (Score:2)
Of the FOUR class action suits I've "subscribed" to in the past, I've received exactly ZERO dollars.
Because, frankly, once the lawyers have your name and can make their money, there is no real motivation for them to actually obtain anything for you.
I refuse this sort of thing now on principal.
ratspit (Score:1)