Some MoFi buyers claimed that the deal was “tainted by the stink of collusion,” but a federal judge has flatly rejected those accusations.
in the analog-obsessed vinyl community. In a statement in late July, MoFi apologized for using “vague language” and for “taking for granted the goodwill and trust” of its customers: “We recognize our conduct has resulted in both anger and confusion in the marketplace. Moving forward, we are adopting a policy of 100% transparency regarding the provenance of our audio products.”. In early August, a pair MoFi customers named Stephen J.
But some of the consumers who filed those other lawsuits quickly threw up red flags about the deal. They said the settlement was insufficient, struck without their input by bad lawyers who simply wanted a payout: “Despite this clear abdication of their duties to class members, counsel … are now trying to ram an inadequate, collusive settlement through this court.”
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