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Cash Grab by Lawyers, Demand $11.7M in Legal Fees for HP’s $39 Million Toner Class Action.

Toner News Mobile › Forums › Toner News Main Forums › Cash Grab by Lawyers, Demand $11.7M in Legal Fees for HP’s $39 Million Toner Class Action.

Tonernews.com, October 21, 2025. USA
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    toner
    Keymaster

    $39M HP Settlement Is a Legal Heist — And the Lawyers Are the Thieves
    Let’s not sugarcoat it: the $11.7 million in legal fees being pulled out of the HP Inc. securities fraud settlement isn’t just excessive — it’s a disgrace. This isn’t justice. It’s highway robbery in a courtroom. HP agreed to pay $39 million to settle allegations that it misled investors about its ink and toner business — pushing excess inventory into the channel while publicly claiming it had shifted to a cleaner, demand-driven model. That deception hurt shareholders. But now, the same investors are getting burned a second time — this time by the lawyers supposedly fighting for them.

    Because guess who’s making off with the real payday?

    • Attorneys: $11.7 million in fees
    • Another $250,000 for “expenses”
    • $750,000 for administration
    • And a token $7,500 for the class rep — as if that makes it fair

    Let’s do the math: That’s over 33% of the entire settlement gone before a single harmed investor sees a dime. Shareholders get the scraps. The lawyers get rich. Where is the accountability? Who signed off on this grotesque redistribution of justice? These law firms didn’t risk billions. They didn’t suffer financial losses. And they certainly didn’t invent the printer market. They filed a few PDFs, sat through a handful of mediations, and walked away with eight figures. That’s not legal work — that’s looting. Let’s stop pretending this is normal. It’s corruption wearing a robe. The courts have become rubber stamps for class action firms that treat shareholder lawsuits like their personal gold mines. They show up after the damage is done, wave the banner of investor rights, and then quietly siphon off a third of the recovery — every single time.

    It’s rigged. Investors lose, twice.
    The court overseeing this settlement should grow a spine and slash these fees to the bone. Send a message that class actions are not personal enrichment vehicles for opportunistic law firms. Cut the fees in half. Or better yet, make the lawyers justify every penny. Until that happens, this system is broken. Worse — it’s complicit.
    Click here for more infomation!

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    October 21, 2025 at 11:10 AM
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