Phineas Taylor Barnum (July 5, 1810 – April 7, 1891) was an American showman, businessman, scam artist and entertainer, remembered for promoting celebrated hoaxes and for founding the circus that became the Ringling Bros. and Barnum & Bailey Circus. he is also credited with the saying; “There’s a sucker born every minute.”

Indeed Mr. Barnum, and after the last few decades of class action lawsuits, it’s now safe to say that ‘There’s a whole class of suckers born every minute and the lawyers love it.’

It’s not news to say that class action lawsuits are the biggest extortion scam ever devised by America’s lawyers.  (And that is saying a lot!)    What is astounding however is that they have survived for this long.   Just about everyone with living brain cells knows that the lawyers are the only ones that make any money out of these.   And not only do the participants (the ‘class’ in class action) make little to no money out of them, they in fact cause prices on everything they buy to go up.

As outlined in   The Unholy Alliances of ‘The Lawyer Class’;

In just the Florida Tobacco Law Suits alone, not counting all of the states where class actions against Tobacco companies were filed;  At the end of the day after the dust settled and the ‘settlements’ were defined, the lawyers hired by the State of Florida**  walked away with the most generous fees ever earned extorted by any trial lawyers before.

One way to understand the enormity of these fees is by relating the amount to a lottery.  So here it is:  In order get the amount of money that the lawyers walked away with, YOU would have to hit the SEVEN MILLION DOLLAR  Lottery EVERY WEEK FOR TEN YEARS!!!   Add it up and read on…

The latest lawyer atrocity is the Nutella Class Action Settlement

Members of the “settlement class” can claim up to $20 each (four bucks for each Nutella jar, up to five jars).

Attorneys’ Fees:   In each case, the lawyers seek fee awards both for the injunctive relief they achieved and from the settlement fund. The New Jersey suit lawyers want $3 million dollars for injunctive relief, and up to 30% of the fund ($750,000), as well as reimbursement for costs from the fund. Ferrerro has agreed to pay the California suit lawyers $900,000 for the injunctive relief, and the lawyers will pursue more fee money from the fund.

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