Citizens Against Lawsuit Abuse of Central Texas

That’s also true in the case of the lawsuit filed against the payday lending industry in South Carolina. Lawyers for both sides have reached an agreement that hasn’t been approved by the court yet. People who have taken out payday loans with about a dozen lenders could receive up to $100 under the settlement, but the lawyers could split $1 million.

This is a pattern that is seen over and over again in class-action lawsuits. A group of lawyers sued the state of South Carolina several years ago on behalf of elderly state residents who weren’t getting a sales tax break the General Assembly had approved. The lawyers ended up with millions, the elderly citizens got small change, and the taxpayers paid the bill.

Another group of lawyers sued Charter Communications on behalf of the cable television company’s customers. Of course, the lawyers reaped millions in legal fees. The Charter customers they were supposed to be protecting received a free trial offer for a new Charter service.

In fact, these class-action lawsuits are so lucrative for lawyers and so fruitless for the plaintiffs that one law firm that specialized in these suits was accused by the government of paying its plaintiffs to let them file class-action suits on their behalf. The firm paid the government millions to settle the case.