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08-09-2016, 06:50 AM
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#15
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Registered User
Monaco Owners Club
Join Date: Oct 2009
Location: Varies Depending on The Weather
Posts: 8,517
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THIS web site has ALL of the most current information in regards to the Etter at. al. VS Norcold.
Review the FAQ where you will find the most up-to-date information and settlement payouts.
Dr4Film ----- Richard
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08-09-2016, 07:01 AM
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#16
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Member
American Coach Owners Club
Join Date: Aug 2015
Posts: 81
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Hmmm unfortunately the reality is that Class Action suits are useless. The only people that benefit in the end are the Lawyers that initiate the suit. Why do you think there are so many ads on TV for Class Action suits? They need more folks to join up to make it more lucrative. And boy is it a cash cow!!! These vultures will sue for anything!!
Not being critical of anyone who is joining, just saying I will NEVER volunteer to line the pockets of some mouthpiece.
Happy Trails.
__________________
Michael
USN Retired
Submarine Service
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08-09-2016, 07:17 AM
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#17
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Senior Member
Entegra Owners Club
Join Date: Apr 2007
Location: SW FL
Posts: 31,730
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I had an $800. out of pocket expense to correct the cooling problem back in 2004 and the trips to dealers for the worthless safety switches. I joined the class action but I only look to get a couple of plastic ice cube trays from the Dollar Store out of it. I filed just so Norcold would have to take money out of their pocket for a change even if it's to pay attorneys and hopefully fines. I have never seen a company lie so much.
Last class action I was involved in the attorneys received $35 million and I received a $50. travel voucher from Continental Airlines good only on red eye flights after I spent hours finding and sending in copies of receipts for flights taken. Don't get your hopes up if you filed.
__________________
Chuck in SW FL
Digital 2021 Cornerstone "B"
A "Digital" 2019 Cornerstone "B" Traded
A "Classic" 2014 Anthem 42 RBQ---Sold
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08-09-2016, 07:43 AM
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#18
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Senior Member
Join Date: Jun 2006
Location: brooksville fl
Posts: 803
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Quote:
Originally Posted by SubVet
Hmmm unfortunately the reality is that Class Action suits are useless. The only people that benefit in the end are the Lawyers that initiate the suit. Why do you think there are so many ads on TV for Class Action suits? They need more folks to join up to make it more lucrative. And boy is it a cash cow!!! These vultures will sue for anything!!
Not being critical of anyone who is joining, just saying I will NEVER volunteer to line the pockets of some mouthpiece.
Happy Trails.
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so you do nothing and and the crime goes on
__________________
2019 ram laramie longhorn 1500 4x4, 2 pia horses! , 2022 goldwing dct on a triple d lift and loader. , into a 2023 fleetwood discovery 36q.
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08-09-2016, 02:44 PM
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#19
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Member
American Coach Owners Club
Join Date: Aug 2015
Posts: 81
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You can refuse to purchase the product and it will impact the vendor to a greater degree than the Class Action. Honestly the Class Action does little to change anything, they will charge that cost off to the insurer and to the stock as a cost of business.
Participation in a class action does VERY little other than enriching the legal community that is perpetuating the farce of legal action on the public. It is a merry go round.
Sorry to be the bearer of bad news. But as with anything people are welcome to play all they want. I for one will vote with my pocket book. ANYTHING that has a Norcold will not be purchased by me. Solves the problem without playing the game.
NOT purchasing a product directly impacts the bottom line in the profit loss column where a lawsuit impacts over time with charge-offs against stock and insurance.....totally different beasts.
Ford calculated the cost of paying a Class Action against the predicted deaths that would happen due to the known problem with gas tanks in the Pinto. It was determined in the Boardroom that fixing the problem was more expensive than paying the lawsuit. The cost to fix was way more than pay outs for people they KNEW were going to die a fiery death!! The fix was people not purchasing the Pinto....Ford still produced the product for 2 or 3 years after the lawsuits! It took the customer refusing to purchase for the product to die, lawsuit did nothing.
Bottom line situation is that NOTHING will change with regard to Norcold products due to the Class Action...they will charge the cost off as a business deduction and stock charge....Cost of doing business and continue to produce things as normal as long as they are purchased.
If one has a problem with Norcold .... easy dont buy ANY RV that has it in it that is all I am saying. Not buying impacts the bottom line, not lawsuits.
__________________
Michael
USN Retired
Submarine Service
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08-09-2016, 03:06 PM
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#20
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Senior Member
Texas Boomers Club
Join Date: Dec 2003
Location: Mo/Texas
Posts: 3,555
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Quote:
Originally Posted by SubVet
You can refuse to purchase the product and it will impact the vendor to a greater degree than the Class Action. Honestly the Class Action does little to change anything, they will charge that cost off to the insurer and to the stock as a cost of business.
Participation in a class action does VERY little other than enriching the legal community that is perpetuating the farce of legal action on the public. It is a merry go round.
Sorry to be the bearer of bad news. But as with anything people are welcome to play all they want. I for one will vote with my pocket book. ANYTHING that has a Norcold will not be purchased by me. Solves the problem without playing the game.
NOT purchasing a product directly impacts the bottom line in the profit loss column where a lawsuit impacts over time with charge-offs against stock and insurance.....totally different beasts.
Ford calculated the cost of paying a Class Action against the predicted deaths that would happen due to the known problem with gas tanks in the Pinto. It was determined in the Boardroom that fixing the problem was more expensive than paying the lawsuit. The cost to fix was way more than pay outs for people they KNEW were going to die a fiery death!! The fix was people not purchasing the Pinto....Ford still produced the product for 2 or 3 years after the lawsuits! It took the customer refusing to purchase for the product to die, lawsuit did nothing.
Bottom line situation is that NOTHING will change with regard to Norcold products due to the Class Action...they will charge the cost off as a business deduction and stock charge....Cost of doing business and continue to produce things as normal as long as they are purchased.
If one has a problem with Norcold .... easy dont buy ANY RV that has it in it that is all I am saying. Not buying impacts the bottom line, not lawsuits.
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I agree. We do not/will not knowingly purchase "anything" from NoCold or any of its subsiderary companies.
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08-10-2016, 06:37 AM
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#21
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Senior Member
Join Date: Jun 2006
Location: brooksville fl
Posts: 803
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Quote:
Originally Posted by SubVet
You can refuse to purchase the product and it will impact the vendor to a greater degree than the Class Action. Honestly the Class Action does little to change anything, they will charge that cost off to the insurer and to the stock as a cost of business.
Participation in a class action does VERY little other than enriching the legal community that is perpetuating the farce of legal action on the public. It is a merry go round.
Sorry to be the bearer of bad news. But as with anything people are welcome to play all they want. I for one will vote with my pocket book. ANYTHING that has a Norcold will not be purchased by me. Solves the problem without playing the game.
NOT purchasing a product directly impacts the bottom line in the profit loss column where a lawsuit impacts over time with charge-offs against stock and insurance.....totally different beasts.
Ford calculated the cost of paying a Class Action against the predicted deaths that would happen due to the known problem with gas tanks in the Pinto. It was determined in the Boardroom that fixing the problem was more expensive than paying the lawsuit. The cost to fix was way more than pay outs for people they KNEW were going to die a fiery death!! The fix was people not purchasing the Pinto....Ford still produced the product for 2 or 3 years after the lawsuits! It took the customer refusing to purchase for the product to die, lawsuit did nothing.
Bottom line situation is that NOTHING will change with regard to Norcold products due to the Class Action...they will charge the cost off as a business deduction and stock charge....Cost of doing business and continue to produce things as normal as long as they are purchased.
If one has a problem with Norcold .... easy dont buy ANY RV that has it in it that is all I am saying. Not buying impacts the bottom line, not lawsuits.
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I believe in the class action and not buying their product. We are half together on this Hopefully something helps ; corporate greed makes me crazy!
__________________
2019 ram laramie longhorn 1500 4x4, 2 pia horses! , 2022 goldwing dct on a triple d lift and loader. , into a 2023 fleetwood discovery 36q.
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