Jonathan Sourbeer, a computer science student in Redmond, Wash., says he recently got a check in the mail for $20.91. As a Toyota customer, the money was his share of the $1.1 billion that Toyota Motor Corp. agreed to pay in 2012 to settle a class-action lawsuit stemming from complaints of unintended acceleration in its vehicles.
The check was one of millions distributed to millions of Toyota, Lexus and Scion owners who qualified as class members and were eligible to receive cash payments as compensation for economic losses due to problems with the vehicles.
Mr. Sourbeer, in an op-ed in Monday’s Wall Street Journal, is less than appreciative. He compares the amount he got against the $227 million in fees and costs distributed to the roughly 85 plaintiffs lawyers who worked the case.
Please go read the whole thing. Seriously.