After making all kinds of efforts to save money and cut back on expenses, a recent settlement for Dell is sure to set those efforts back just a little bit. The computer giant is going to have to pay $3.35 million as part of a settlement in 34 states for misleading consumers about financing and warranties. Apparently, many people who purchased Dell computers were charged higher interest rates than promised (for those who financed), did not receive rebates and were lied to about warranties. So, $1.5 million will be paid as restitution for those rip-offs and consumers will have 90 days to submit a claim. The remaining $1.85 million is going to cover, you guessed it, legal fees. The moral of the story is it doesn’t pay to be shady and we hope that other companies take this as a wake-up call because it doesn’t help business or consumers. It does however, help lawyers.
