Saturday, July 19, 2008

Lawyers.....always looking out for us

I have a mutual fund with an investment company that has recently settled in a class action lawsuit of which I was completely unaware.

I am entitled to the whopping sum of $20.22.

Credit vouchers are being issued. Three yearly vouchers of just under $7.00 each!

So I don't really get to see this windfall. I get to apply it to fees I would be charged by the investment company. And again, I can't apply it all at once. I can only use one voucher per year for the next 3 years. $6.74 for the first two years, and $6.75 the last.

The time it would take me to call and figure out how to have the credit applied is worth more to me than $6.74.

But at least the attorneys are richer.

God Bless America.

2 comments:

Anonymous said...

Ain't it the truth!!!! I do read your blogs, but I don't know it you get my comments, I forgot my stupid password. DUH!! Sharon

patricia j poe said...

And the last one i sent didn't get posted. Don't know why.