Vinyl Asylum

RE: Mofi settlement

174.72.186.110

Analog Scott

In Reply to: RE: Mofi settlement posted by tketcham on June 25, 2023 at 15:51:43

I don't think the coupon is really going to affect that. These labels do labor day sales 10% off, memorial day sales 10% off, flag day sales 10% off, groundhog day sales 10% off, national kangaroo day sales 10% off....

Follow Ups:

RE: Mofi settlement - pictureguy 21:30:18 06/26/23 (1)
I wasn't in on this....and have no direct anything to add, but A QUESTION.
How much did the Attorneys make on this?

I just paged thru the settlement. 20,000 class members is not a huge number.
Attorneys fees capped at 290,000$ which seems low. And the 2 original filers, each
got 10,000$, presumably as some kind of finders fee.
Discounts have a time limit and I don't think are transferrable, but MAY be combined.
So? You get a minor discount for spending MORE money......Which leaves me scratching my head.
Years ago I was part of the EPSON settlement dealing with printer inks. And took the discount and bought MORE INK.....
Than I went and bought a monochrome laser printer for mainly text....

Too much is never enough

Edits: 06/26/23
- RE: Mofi settlement - Analog Scott 10:20:57 06/27/23 (0)
  My understanding was that they got $350,000.00. Maybe that was fees and expenses? And the two plaintiffs got $10,000.00 each just for being whiny little bitches.
  
  It's ridiculous that bruised egos could cost a legitimate audiophile company, one of the few that are truly legit that much money. That is absolutely fucked up.
  
  I wonder how many true snake oil peddlers in the high end audio industry are having trouble sleeping at night knowing that being exposed could lead to such lawsuits?
RE: Mofi settlement - py272 14:33:00 06/26/23 (1)
Is it really a 10% off coupon as I thought it is a credit in the amount of 10% of your mofi purchases that are listed in the settlement?
- Yep I think you are correct. (nt) - Goober58 20:58:25 06/26/23 (0)
RE: True. Sales are ubiquitous in retail. /nm/ - tketcham 03:38:33 06/26/23 (0)
Tom

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