Steve Kirsch, who founded Infoseek and now works as a venture capitalist, has filed a $2.2 trillion (yes, trillion) class action lawsuit against Fax.com, though the case has yet to gain class action certification.
The article isn't about the lawsuit, it just mentions it, but still... jesus, isn't that roughly equivalent to the total U.S. Federal budget? That's just mind-boggling. Why go for such a ludicrous amount anyway? It would be utterly impossible for any company or person to pay such an amount.
As a plaitiff you balloon up your damages to as far as you can legally, projecting it out to oftentimes ridiculous levels and then it is up to the defense council to chip away at the those numbers. Essentially it puts the plaintiff in an initial strong barganing position when it comes time to discuss setllement.
Wherever you go, there you are.
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I recall a class action lawsuit against Microsoft being proposed a while ago totaling in the ten trillions.
BoTM / JL / MM / HAB / VRWC / Horseman
I'm studying for the CPA exam. Have a nice summer, and if you're down just sit back and realize that Joe is off somewhere, doing much worse than you are.
The most recent US federal budget was around 2.4 trillion as I recall.
"This cult of special forces is as sensible as to form a Royal Corps of Tree Climbers and say that no soldier who does not wear its green hat with a bunch of oak leaves stuck in it should be expected to climb a tree"
— Field Marshal William Slim 1956
Stravo's obviously right about the negotiation aspect of such idiotically large damage claims, but I personally think that any lawsuit whose damage claims cannot be realistically tied to actual verifiable damages should be simply thrown out of court on that basis alone.
"It's not evil for God to do it. Or for someone to do it at God's command."- Jonathan Boyd on baby-killing
"you guys are fascinated with the use of those "rules of logic" to the extent that you don't really want to discussus anything."- GC
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Darth Wong wrote:Stravo's obviously right about the negotiation aspect of such idiotically large damage claims, but I personally think that any lawsuit whose damage claims cannot be realistically tied to actual verifiable damages should be simply thrown out of court on that basis alone.
$2.2 trillion comes to over a billion unsolicited faxes at $1500 per fax, the maximum allowable damage award under the law that bans unsolicited commercial faxes. Obviously, they have to be suing for other things, like lost productivity and a whomping punitive damage settlement on top of it. This number doesn't seem remotely realistic or even legally allowable, but tort law was never my specialty.
All that being said, my sympathies for Fax.com are severely limited. It's obvious they've been flaunting the law and from the article, it seems they plan on defying court orders as well (they're attempting to dissolve themselves and spread their business around several companies to avoid action, and they've destroyed documents in direct defiance of a court order telling them to preserve them).
Any city gets what it admires, will pay for, and, ultimately, deserves…We want and deserve tin-can architecture in a tinhorn culture. And we will probably be judged not by the monuments we build but by those we have destroyed.--Ada Louise Huxtable, "Farewell to Penn Station", New York Times editorial, 30 October 1963 X-Ray Blues
RedImperator wrote:
All that being said, my sympathies for Fax.com are severely limited.
Mine as well, spam faxe's are using up your paper and your ink, its theft.
"This cult of special forces is as sensible as to form a Royal Corps of Tree Climbers and say that no soldier who does not wear its green hat with a bunch of oak leaves stuck in it should be expected to climb a tree"
— Field Marshal William Slim 1956
Oh, I agree that fax.com's owners should be ass-raped in prison, but that's the point; they should go to prison. Chasing them for some small obtainable portion of their ill-gotten gains is hardly appropriate.
"It's not evil for God to do it. Or for someone to do it at God's command."- Jonathan Boyd on baby-killing
"you guys are fascinated with the use of those "rules of logic" to the extent that you don't really want to discussus anything."- GC
"I do not believe Russian Roulette is a stupid act" - Embracer of Darkness
"Viagra commercials appear to save lives" - tharkûn on US health care.
They probably thought they could get away with this shit on administrative convenience (too expensive to bother trying to recover tiny losses). Good thing they were wrong.
BoTM / JL / MM / HAB / VRWC / Horseman
I'm studying for the CPA exam. Have a nice summer, and if you're down just sit back and realize that Joe is off somewhere, doing much worse than you are.
Darth Wong wrote:Oh, I agree that fax.com's owners should be ass-raped in prison, but that's the point; they should go to prison. Chasing them for some small obtainable portion of their ill-gotten gains is hardly appropriate.
They can't be sent to jail, sadly, unless it's for contempt of court. They didn't actually commit fraud, only stole the time and resources of their victims. In this case, I think it's totally approppriate to punish them by taking away their money, which was obtained legally from companies seeking their marketing services.
Any city gets what it admires, will pay for, and, ultimately, deserves…We want and deserve tin-can architecture in a tinhorn culture. And we will probably be judged not by the monuments we build but by those we have destroyed.--Ada Louise Huxtable, "Farewell to Penn Station", New York Times editorial, 30 October 1963 X-Ray Blues