Are securities litigations ever worth pursuing for the individual?

Ol Sarge Friday

Joined: Sep 25, 2002

Posts: 953

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

4:53p, 9/18/22

I've gotten several notices over the years and never done anything with them. Latest concerns Twitter.

Ol Sarge Friday

Joined: Sep 25, 2002

Posts: 953

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

10:29p, 9/19/22

Reframe: Has anyone ever responded to one of these and what were the results?

birdman

Joined: Nov 6, 1999

Posts: 24,519

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

11:36p, 9/19/22

Years ago, I was in one of them. I didn't actively do anything, just got rolled into a class action lawsuit. A year or two later, I got a check for $5 or so. Total, not $5 per share owned.

Kansas Kid

Joined: May 22, 2018

Posts: 7,765

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

In reply to Ol Sarge Friday • 7:13a, 9/20/22

Ol Sarge Friday said:
I've gotten several notices over the years and never done anything with them. Latest concerns Twitter.

They are only worth it for the lawyers bringing the case

12

Casey TableTennis

Joined: Aug 28, 2013

Posts: 1,584

User Profile

Private Message

Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

11:56a, 9/20/22

AG

These are similar to using coupons, but with more effort. You can collect a bit, but have to judge for yourself if worth the time/effort.

Unless you have plans to sue yourself, generally no harm other than time cost.

topher06

Joined: Nov 22, 2013

Posts: 2,031

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

3:47p, 9/20/22

More and more class action shops. Worthless for shareholders other than maybe the lead plaintiff. Securities lawyers are right after personal injury and divorce attorneys on the hierarchy of lawyers that are sleaze

KingofHazor

Joined: Mar 4, 2021

Posts: 5,074

User Profile

Private Message

Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

3:19p, 9/21/22

I received a bunch of money from the BP class action litigation.

Send the form in - what have you got to lose?

aTmBonfire

Joined: Oct 24, 2002

Posts: 679

User Profile Ignore User Stop Ignoring

How long do you want to ignore this user?

24 hours One week Permanently Cancel

3:46p, 9/30/22

AG

I got $200-$300 once. Can't remember which one it was but I don't think I had to do a whole lot.