Class Action Lawsuit Settlements

Another class action settlement landed in my inbox today. Ticketmaster has settled a lawsuit and it will give $1.50 credits toward future purchases of tickets. Now, really, who benefits from this? I'll tell you who? The Law Firm will receive $15 Million in this shake down while Ticketmaster gives out theses coupons which may end up making more money in the long run if more customers decide to buy tickets through Ticketmaster. A Buck-Fifty! Come On! On paper, Ticketmaster will be out $45 Million in coupons or mandatory charitable contributions plus $15 Million to the Law Firm.