First-I don't have a problem with Honda. They make a lot of fine products and ocassionally "stuff happens". They're agreement to change the "ECMs" and inspect the heads without charge is fair enough. They did this without the lawyers involved.
Second-all the lawyers got for us was a "Two-Year Extended Limited Warranty". What is this worth? Not much. If a 3 year extended warranty on the WHOLE bike costs us costs us $500 , this should be worth about $333. Only problem is that it covers only PART of the bike which cost-wise to repair is probably worth two thirds . So we are going to get - value-wise two thirds of $333 which is $222. While I am greatful to Honda fo this, I HAVE A VERY LARGE PROBLEM WITH THE LAWYERS. For the $222 they are getting for us, THEY ARE GETTING FOR THEMSELVES(AFTER ALL EXPENSES) $ 7,500 FOR EACH ONE OF US REPRESENTED IN THIS SUIT. THIS IS TOTALY O-U-T-R-A-G-E-O-U-S.
WHAT ARE OUR OPTIONS?
A---DO NOTHING AND AGREE TO THIS FIASCO.
B---REMAIN A SETTLEMENT CLASS MEMBER AND OBJECT TO THE SETTLEMENT. READ PAGE 5- PART B PLEASE. We must get a lawyer and object. HERE IS MY PROPASAL---WE OFFER THE LAWYER THE STANDARD ONE THIRD FEE-THAT IS $2,500 FOR HIM AND WE GET THE BALANCE OF $5,000 FOR OURSELVES-THE ONE THAT HAVE SUFFERED THE INCONVENIENCE OF THE PROBLEM. (yes, I still love my bike and am very happy I bought it). ANY DOWNSIDE TO THIS??? NOT TO US- IF THE LAWER DIASGREES , WE ARE STILL IN THE SUIT AND GET THE AWARD. ANY DOWNSIDE TO THE LAWYER? YES-IF ONE THOUSND OF US DROP OUT OF THIS SETTLEMENT HE STAND TO LOOSE $7,500,000. IF HE AGREES, HE STILL MAKES $2,500,000. NOT BAD FOR PROBABLY 2 OR 3 MONTHS WORK.
C---IF THIS DOESN'T WORK, LET US GO TO HONDA AND TELL THEM WE WILL TAKE $5,000 EACH AND DROP THE LAWSUIT. THAT WILL SAVE HONDA $2,500,000.
I AM VERY SERIOUS ABOUT THIS SITUATION-I LIVE ABOUT FOURTY MILES FROM THE LAWYER'S OFFICE (SAUGUS,MA) AND I HAVE A VERY GOOD LAWYER IN TOWN (HAMPTON,NH) WHO RIDES A HONDA- I WOULD BE WILLING TO PRESENT MY LAWYER WITH ONE THOUSAND OR MORE NAMES. I AM SURE I COULD GET HIM TO DO THIS FOR A REASONABLE FEE. IF YOU WANT TO PARTICIPATE, I'LL NEED THE LETTERS BY 3-15-04
THE REST IS UP TO YOU GUYS.
SINCERLY YOURS, FRANK.
PS- IWILL WILL NEED SIGNED LETTERS WITH THE YEAR AND SERIAL NUMBERS OF YOUR BIKE. SEND TO; FRANK CHIARANITARO
5 STOWECROFT DR.
HAMPTON, N.H.03842-1159
Second-all the lawyers got for us was a "Two-Year Extended Limited Warranty". What is this worth? Not much. If a 3 year extended warranty on the WHOLE bike costs us costs us $500 , this should be worth about $333. Only problem is that it covers only PART of the bike which cost-wise to repair is probably worth two thirds . So we are going to get - value-wise two thirds of $333 which is $222. While I am greatful to Honda fo this, I HAVE A VERY LARGE PROBLEM WITH THE LAWYERS. For the $222 they are getting for us, THEY ARE GETTING FOR THEMSELVES(AFTER ALL EXPENSES) $ 7,500 FOR EACH ONE OF US REPRESENTED IN THIS SUIT. THIS IS TOTALY O-U-T-R-A-G-E-O-U-S.
WHAT ARE OUR OPTIONS?
A---DO NOTHING AND AGREE TO THIS FIASCO.
B---REMAIN A SETTLEMENT CLASS MEMBER AND OBJECT TO THE SETTLEMENT. READ PAGE 5- PART B PLEASE. We must get a lawyer and object. HERE IS MY PROPASAL---WE OFFER THE LAWYER THE STANDARD ONE THIRD FEE-THAT IS $2,500 FOR HIM AND WE GET THE BALANCE OF $5,000 FOR OURSELVES-THE ONE THAT HAVE SUFFERED THE INCONVENIENCE OF THE PROBLEM. (yes, I still love my bike and am very happy I bought it). ANY DOWNSIDE TO THIS??? NOT TO US- IF THE LAWER DIASGREES , WE ARE STILL IN THE SUIT AND GET THE AWARD. ANY DOWNSIDE TO THE LAWYER? YES-IF ONE THOUSND OF US DROP OUT OF THIS SETTLEMENT HE STAND TO LOOSE $7,500,000. IF HE AGREES, HE STILL MAKES $2,500,000. NOT BAD FOR PROBABLY 2 OR 3 MONTHS WORK.
C---IF THIS DOESN'T WORK, LET US GO TO HONDA AND TELL THEM WE WILL TAKE $5,000 EACH AND DROP THE LAWSUIT. THAT WILL SAVE HONDA $2,500,000.
I AM VERY SERIOUS ABOUT THIS SITUATION-I LIVE ABOUT FOURTY MILES FROM THE LAWYER'S OFFICE (SAUGUS,MA) AND I HAVE A VERY GOOD LAWYER IN TOWN (HAMPTON,NH) WHO RIDES A HONDA- I WOULD BE WILLING TO PRESENT MY LAWYER WITH ONE THOUSAND OR MORE NAMES. I AM SURE I COULD GET HIM TO DO THIS FOR A REASONABLE FEE. IF YOU WANT TO PARTICIPATE, I'LL NEED THE LETTERS BY 3-15-04
THE REST IS UP TO YOU GUYS.
SINCERLY YOURS, FRANK.
PS- IWILL WILL NEED SIGNED LETTERS WITH THE YEAR AND SERIAL NUMBERS OF YOUR BIKE. SEND TO; FRANK CHIARANITARO
5 STOWECROFT DR.
HAMPTON, N.H.03842-1159