 |
VA settles class action lawsuit
01-27-2009, 07:51 PM
|
#1
|
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
|
VA settles class action lawsuit
Remember the security breach at the VA a couple of years ago? If you got a letter from the VA alerting you that your personal information may have been compromise, then you could be one of the beneficiaries of this:
WASHINGTON (CNN) -- The Department of Veterans Affairs has agreed to pay $20 million to current and former military personnel to settle a class action lawsuit on behalf of the men and women whose personal data was on a laptop computer stolen during a burglary.
The names, dates of birth and Social Security numbers of about 26.5 million active duty troops and veterans were on the laptop and external drive, which disappeared while in the custody of a Veterans Affairs data analyst in 2006...
The funds will go to military personnel and veterans who were harmed by the loss of personal data, either through emotional distress or through costs incurred in monitoring credit records.
The math doesn't work out very well: $20 million less attorney's fees divided by 26.5 million. But what the heck, I've hardly slept a wink for the past two years. Where's my check?
__________________
Numbers is hard
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
01-27-2009, 07:56 PM
|
#2
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 4,204
|
So, what are you going to spend you $.50 on? Oh, forgot Lawyer fees, make that $.05
|
|
|
|
|
01-27-2009, 07:58 PM
|
#3
|
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
|
 Quote:
Originally Posted by Rustic23
So, what are you going to spend you $.50 on? Oh, forgot Lawyer fees, make that $.05
|
A down payment on a sleeping pill...
__________________
Numbers is hard
|
|
|
|
|
01-28-2009, 03:47 AM
|
#4
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,635
|
Only Lawyers make out financially on CALS (Class Action Law Suits). I do not even respond to the bait to join them. If you have a case better to "go it alone" with YOUR Lawyer. Of course the Judge will probably consolidate them into a CALS - so you can not win!
__________________
Vietnam Veteran, CW4 USA, Retired 1979
|
|
|
|
|
01-28-2009, 09:01 AM
|
#5
|
|
Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
|
I think DH got the letter about the breach. causing tremendous upheaval in our lives of course, but he missed out on signing up for the class action lawsuit--so everyone can split his share.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
|
|
|
|
|
01-28-2009, 09:07 AM
|
#6
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2008
Posts: 6,506
|
Vaguely remember getting the letter. Can't remember if my number was in the range the described.
If my number was included, all are welcome to the share.
__________________
There must be moderation in everything, including moderation.
|
|
|
|
|
01-28-2009, 09:14 AM
|
#7
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
|
Quote:
Originally Posted by Rustic23
So, what are you going to spend you $.50 on? Oh, forgot Lawyer fees, make that $.05
|
Oh boy!! A whole nickel!! Well, after inflation $0.03. Don't spend it all in one place. 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
|
|
01-28-2009, 09:38 AM
|
#8
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 4,204
|
Might be off a few cents. $20M devided by 23m is $.87 if the lawyers take 75%, well $.22. However, I have left out administrative cost. With a letter costing $.42, each veteran will have to send in $.20 to get their refund! Hey, this could be a new stimulus package!
|
|
|
|
|
01-28-2009, 11:46 AM
|
#9
|
|
Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 1,645
|
Heck, I got a letter too. Too bad they couldn't provide a few years of credit monitoring. They could have gotten a good discount on 23M people!
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
