Tuttle et al v Audiophile Music Direct

[Rt66indierock]

14 hours ago, PYP said:

all in all, do you think this is a good result?  Did plaintiff's get a fair deal and did the company suffer sufficiently for being naughty?  

 

Yes and no.  This was a typical result for a class action lawsuit. The few hundred class members who felt they were lied to and were willing to do a little paperwork got their money back. The remaining class members who cared enough to fill out the claim forms got a little compensation for their efforts.

 

Mobile Fidelity got about the right amount suffering from this and probably learned an important lesson. The most profitable customers are Superfans and Fans not audiophiles.

 

Lawyers on the forums haven’t suffered enough for all stuff they were wrong about in Mobile Fidelity cases.  Especially on the Steve Hoffman Forum.

 

Finally, people like Michael Fremer who heard the same rumors as Mike Esposito did nothing have not been held accountable. I hope to ask him and others in about it in a month at the LAOCAS Annual Gala.

[GregWormald]

9 hours ago, Rt66indierock said:

Finally, people like Michael Fremer who heard the same rumors as Mike Esposito did nothing have not been held accountable. I hope to ask him and others in about it in a month at the LAOCAS Annual Gala.

Good luck with that.

"Free speech" means that non-speech is also free.

As always, sadly enough, follow the money.

[Rt66indierock]

Latest update October 30, 2023.

The court asked the plaintiffs’ attorneys for the following information by November 13, 2023.

·         Case law supporting the percentage of claims filed.

·         An updated calculation of the monetary value of the settlement.

·         The estimated percentage of direct purchasers and indirect purchasers.

·         The amount paid to date for administration of the settlement.

·         An updated calculation of attorney’s fees.

The case isn’t finalized yet.

[Rt66indierock]

The case is now closed. The settlement was approved December 26, 2023.