Of course, the customer payout will eventually amount to $5/affected customer, but only those who replied to their rather invasive survey, paid out over 3 payments over the coming year.
Don’t forget it’s usually just US citizens who even get the chance to jump onto such class action suits. The rest of the world don’t even get their $5.
And then in 5 years they’ll all settle for a few million dollars in a class action for price fixing. Rinse, repeat.
Of course, the customer payout will eventually amount to $5/affected customer, but only those who replied to their rather invasive survey, paid out over 3 payments over the coming year.
Don’t forget it’s usually just US citizens who even get the chance to jump onto such class action suits. The rest of the world don’t even get their $5.
Just the cost of doing business. Just ask all the hedgefunds that break the rules time and time again and simply pay a small fee to FINRA (if at all)