Liam the Uncontrollèd (@simply_doit)
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For the first time in my life, I think I *won’t* be opting out of a class action lawsuit I'm a party to. 🧐 It seems that “member-owned” USAA — while telling me I'm a “member” — has been quietly funneling all the surplus profits they’ve made off my conscientious driving over to their “real members” (military officers). Check out the filing; it's an interesting read: https://www.classaction.org/media/capps-et-al-v-united-services-automobile-association-et-al.pdf Paragraphs 40, 47, 49, 50, 73, and 74 discuss the specifics of USAA’s two-tier member/customer policy. The rest of the document goes into detail on the extensive efforts USAA has put in to conceal this policy from its customers over the last 24 years. Further information: https://dockets.justia.com/docket/texas/txwdce/5:2024cv00455/1172786090 https://www.usaa.com/my/usaa-distributions/