Seagate Hard Drive Owners--Proposed Class Action Settlement over Drive Size Claims

Reminiscent of the old lawsuit against Apple over imprecise claims of monitor size, a class action was filed against Seagate for overstating the capacity of its hard drives by some 7 percent. The proposed settlement gives up to nearly $1.8 million to the lawyers and, woohoo!, unspecified backup software (or its unspecified cash equivalent) to people who purchased Seagate drives from March 22, 2001, to September 26, 2007 (or January 1, 2006 for cash). Guess who really wins--again!

Here is the settlement Web site to file claims or to opt out of the class. [Bill Fox]