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Netflix settles lawsuit for $9 million
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The following comments relate to this news article:
article published on 12 February, 2012
Netflix was forced to restate its previous quarter's earnings this week, following its settlement of a lawsuit.
The lawsuit, which alleged Netflix violated consumer-privacy laws, was settled for $9 million, forcing the company to restate its earnings by 14 percent.
In January, the company announced strong earnings and a surprising gain of 600,000 subscribers, its first significant ... [ read the full article ]
Please read the original article before posting your comments.
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Mysttic
Senior Member
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12. February 2012 @ 22:01 |
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Well I bet they won't make that mistake again.
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keola37
Junior Member
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12. February 2012 @ 22:47 |
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this all seems fairly petty...
and who got this money?
If Netflix violated a law, by misusing my information, why is it that a 3rd party should get $9 million dollars for that?
This message has been edited since posting. Last time this message was edited on 12. February 2012 @ 22:50
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JAYMES71
Suspended due to non-functional email address
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13. February 2012 @ 09:45 |
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Originally posted by keola37:
this all seems fairly petty...
and who got this money?
If Netflix violated a law, by misusing my information, why is it that a 3rd party should get $9 million dollars for that?
Because the justice system works only for lawyers. Netflix probably didn't even realize they did anything wrong until this was brought to their attention (a 1987 law?). Maybe not. I dunno, but yeah, it's petty :(
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Mez
AfterDawn Addict
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13. February 2012 @ 18:08 |
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Originally posted by keola37:
this all seems fairly petty...
and who got this money?
If Netflix violated a law, by misusing my information, why is it that a 3rd party should get $9 million dollars for that?
That is what blood sucking lawyers do. They are the blood suckers in the media industry as well.
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sternrulez
Junior Member
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14. February 2012 @ 07:58 |
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Originally posted by Striker911:
I was a netflix customer and I got something in the mail asking if I wanted to be part of the suit. If I did that I would get some of the money. How much I would get depended on how many people signed up. Lawyers get a share just like any lawyer would in any case. Maybe you should have went to law school. Maybe I should have too.
We also got a check from a lawsuit from a bank for overdraft fees they charge by switching amounts around to make more things acquire insufficient fees. That check was only $31 though and I did not need to sign up for that one.
Yeah, I got a notice like that too...after the lawyers take their 8.9 million cut and they distribute the rest among the millions of people affected, we'll be lucky if we get $.10...lol!
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Jeffrey_P
Senior Member
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14. February 2012 @ 08:38 |
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Originally posted by sternrulez:
Originally posted by Striker911:
I was a netflix customer and I got something in the mail asking if I wanted to be part of the suit. If I did that I would get some of the money. How much I would get depended on how many people signed up. Lawyers get a share just like any lawyer would in any case. Maybe you should have went to law school. Maybe I should have too.
We also got a check from a lawsuit from a bank for overdraft fees they charge by switching amounts around to make more things acquire insufficient fees. That check was only $31 though and I did not need to sign up for that one.
Yeah, I got a notice like that too...after the lawyers take their 8.9 million cut and they distribute the rest among the millions of people affected, we'll be lucky if we get $.10...lol!
Me too.
You had to return the notice for your $0.10(hahaha) or Netflix credit. Screw Netflix, I will take the dime or whatever the amount is.
Jeff
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syevere
Newbie
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17. February 2012 @ 12:15 |
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Originally posted by Jeffrey_P:
Originally posted by sternrulez:
Originally posted by Striker911:
I was a netflix customer and I got something in the mail asking if I wanted to be part of the suit. If I did that I would get some of the money. How much I would get depended on how many people signed up. Lawyers get a share just like any lawyer would in any case. Maybe you should have went to law school. Maybe I should have too.
We also got a check from a lawsuit from a bank for overdraft fees they charge by switching amounts around to make more things acquire insufficient fees. That check was only $31 though and I did not need to sign up for that one.
Yeah, I got a notice like that too...after the lawyers take their 8.9 million cut and they distribute the rest among the millions of people affected, we'll be lucky if we get $.10...lol!
Me too.
You had to return the notice for your $0.10(hahaha) or Netflix credit. Screw Netflix, I will take the dime or whatever the amount is.
Jeff
I recieved a notice as well, but i belive it was for a different lawsuit. One between Netflix and Walmart about monopolizing the purchase and streaming deals.
You either die a hero or live long enough to see yourself become a villian...
This message has been edited since posting. Last time this message was edited on 17. February 2012 @ 12:15
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sternrulez
Junior Member
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26. February 2012 @ 09:27 |
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Originally posted by tmharris72:
I do got a letter in the mail asking if I wanted to be in the lawsuit, so I sent it in. So the settlement already happened when would we know if we get any of it? Be nice if people got around $500 to a grand. But, that's wishful thinking I'm sure..lol
Actually, you're correct...you WILL be getting $1000 back, but it will be delivered by the Easter Bunny...lmao!
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