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Harbor Freight Tools Class action suit
And not for killing someone!
Just a heads up, if you bought anything in the last 6 years and can prove it, you can get some money back! Harbor Freight Settles Class Action Lawsuit Over Sale Prices - The Drive |
Keeping receipts for HF tools is like keeping receipts for Charmin....both have their place however :)
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Between the coupons and credit cards, they know who made a lot of the purchases in the past sixe years. Why not refund automatically to those they know about?
Because, the opposing lawyers get to keep whatever goes unclaimed in the settlement pool. The lawsuit wasn't about helping consumers, but about a payday for a law firm. Harbor Freight's prices will go up as a result, and us consumers will end up paying for the settlement. As a class, we have given lawyers the ability to enact private taxes. This is an example. The cost of some products has gone up to make some lawyer richer. Sure, they wrap it in "consumer protection" or some other such nonsense. Was anyone really protected? No, the opposite is true. Consumers were harmed by higher prices. |
Great, ten percent on a ten dollar tool is what, 10 cents?
Will cost me more to think about it than it's worth. |
what a tool (ha!).
we all know the deal at HF. I wouldn't participate in the lawsuit if I had proof in a neatly organized binder and could pick up a quick $500 for 10 minutes of work. it's just bogus. |
I have all my receipts for the time period, will have to add them all up! Might be worth sending them in! I bet I have spent over a few thousand over those years.
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If I got 10% back on everything I've ever spent there, It'd come out to around $5.
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I followed a couple of links in the articles to get to this page - just research. First this: http://finance.yahoo.com/news/notice-proposed-class-action-settlement-130000386.html Then this: National Sale Price Settlement Quote:
You then get in cash 20% of $0.50 which comes out to 10 cents, right? This is how a $10.00 item gets you 10 cents back. See, an architect can make anything work if he follows the code/instructions.:D I think the original article posted mentioned the most generous and optimistic outcome of the lawsuit, which from I can tell is Option-B. Option-B is the 10% on full purchase price. I'm not sure of this but can the court refuse all option-B claims and honor only options A & C? That is to say if you get too greedy, you get nothing? If I were the court, I would default all applicants to a single option of the settlement. So all A-B-C applicants would get the same, or the same nothing if the court rules in Harbor Freight's favor. Does the 1/3 of the settlement typically going to the lawyers come out of the customer's portion? That is to say if I was planning on getting about $30 back, I'd actually be getting only about $20? I did not figure that into my estimation. NOTE: Michigan's scanner law is far more generous than this lawsuit in any of it's three options, but only if you consider lower cost items. http://www.bargainstobounty.com/2015/07/michigan-scanner-law/ Quote:
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The lawyers win and get their 1/3 fee and the court costs are paid by Harbor Freight because they lost. We now have the problem of servicing all those claims, authentication of receipts, bookkeeping, accounting, mailing and writing of checks. All of which costs money and somebody's got to pay for it all. Then you have a third party monitor and supervise the distribution which costs even more in overhead. I don't think the lawyers want to pay for this themselves, they could end up losing money. Who pays for this, which end does it come out of? I bet it comes out of the customers claims. It's like those "get the second one free" if you pay separate shipping and handling fees. This is where they make the real money. |
The only thing I have from Harbor Fright is a creeper.
After all, how bad can an inexpensive creeper be? Ought to be okay..... I soon replaced all six castors with ones that actually swivel and roll. Now it works fine. I spent more on the replacement castors than the original creeper. |
I really think this suit is an example of why we need tort reform. how about we spend some energy on something that matters.
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Why the hell do t we have a law that states lawyers filing class action suits only get paid for the time they spent, not the "leftovers"?
The class actions never benefit anyone but them, unless it really changes the companies behavior. |
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I have only been to one Harbor Freight store. I bought something that they had but it was so long ago I don't remember what it was. They are building a HF store near me now so I might go in more. It will be next to the Farmer's Supply.
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Harbor Freight is great for:
-Tools you plan on destroying. -Tools for specialized jobs you don't plan on doing often. -Tools you can't find anywhere else. -Tools where you can't justify buying the way more expensive "real" version. |
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