Originally Posted by Brainstormer
I have never participated in a class-action suit; they are waste of time.
Uncertain what you mean by this. Class action suits include everyone in the class by default (you must opt out if you do not wish to be included in the deal they negotiated on your behalf). If you have lived in America your entire life then the odds are overwhelming that you have "participated" in a class action lawsuit by virtue of being a member of a class and subject to the deal.
If you are referring to *initiating* a class action suit, then that's rather rare. The lawyers typically only need a handful of plaintiffs in order to establish a class action lawsuit that could potentially include millions of class members. Typically they don't actively recruit more plaintiffs because usually the deal they get for the class benefits the lawyers primarily, plus a sweetheart deal for the handful of named plaintiffs (in order to get those few plaintiffs to agree to the deal).
For example, that's why when my Iomega Zip drive died due click of death, a year later I got a worthless coupon that was only valid at the overpriced Iomega factory store for a discount for the purchase of additional Iomega gear, whereas the class action lawyers got millions of dollars. Without doing anything, I lost any right to bring suit against Iomega by virtue of being declared to be a member of the class action the lawyers brought and me being unaware that someone had made this pathetic deal on my behalf. So: did I participate in this class action lawsuit or not?