New Class Action for Pentax owners with aperture block issue

Heads up Pentax people. If you have Pentax K-30, K-50, or K-70 I learned about a new Class Action Lawsuit over the aperture block issue. Someone earlier today in another thread said the K-01 suffers from this problem also. I unfortunately have two of the affected models. The lawsuit alleges Pentax was selling a defective product and did nothing to fix it after the warranty ran (other than charge people a lot of money for repairs). It has sort of turned me off from the brand and I haven't purchased a Pentax since. I will be contacting this law firm shortly. 

The Pentax Aperture Black Picture Problem Class Action Lawsuit is Janet Kyszenia v. Ricoh USA Inc., Case No. 1:20-cv-02215, in the U.S. District Court for the Eastern District of New York.

https://topclassactions.com/lawsuit-settlements/consumer-products/electronics/pentax-camera-class-action-alleges-aperture-defect/

I guess we'll see where this goes.

The Squirrel Mafia wrote:

I guess we'll see where this goes.

I have a feeling it's gonna go gr-r-reat!!!! 

Tom Lusk wrote:

"Around 12,000 Pentax cameras were sold, says the Pentax camera aperture problem class action lawsuit, which brought Ricoh Inc. more than $5,000,000 in sales.

The plaintiff says that, despite collecting millions in profits"

Millions in profits were generated by the sale of 12,000 lower-end cameras in the U.S.?

Too funny! This suit doesn't stand a chance.

Ridiculous conclusion, based on ..... nada.  *eye roll*

flektogon wrote:

Well, I just don't understand how this will help Joe and Jan, whose cameras died a couple years ago.

Well, they might receive a refund, offer for Pentax to repair the camera for free or a voucher that can be used to buy another Pentax model.  That's just three common remedies, but other possibilities for compensation exist.

aisu825 wrote:

Tom Lusk wrote:

"Around 12,000 Pentax cameras were sold, says the Pentax camera aperture problem class action lawsuit, which brought Ricoh Inc. more than $5,000,000 in sales.

The plaintiff says that, despite collecting millions in profits"

Millions in profits were generated by the sale of 12,000 lower-end cameras in the U.S.?

Too funny! This suit doesn't stand a chance.

Ridiculous conclusion, based on ..... nada. *eye roll*

This says the price Ricoh sold cameras into the channel at was > $433 each.

If they made millions plural on $5M sales, they were making a margin of 40%.  Doesn't quite ring true.

James O'Neill wrote:

aisu825 wrote:

Tom Lusk wrote:

"Around 12,000 Pentax cameras were sold, says the Pentax camera aperture problem class action lawsuit, which brought Ricoh Inc. more than $5,000,000 in sales.

The plaintiff says that, despite collecting millions in profits"

Millions in profits were generated by the sale of 12,000 lower-end cameras in the U.S.?

Too funny! This suit doesn't stand a chance.

Ridiculous conclusion, based on ..... nada. *eye roll*

This says the price Ricoh sold cameras into the channel at was > $433 each.

If they made millions plural on $5M sales, they were making a margin of 40%. Doesn't quite ring true.

Not necessarily.  The figures may include lens and other accessories that result from the sale of the body.  But for the consumer purchasing the K-50 body (as an example) they would never have purchased a zoom lens, flash, camera bag, etc.

Pentax Australia is still repairing them for free - no problems here.

So is the problem the Distributors or do we just have an exceptionally good one?

ozdean wrote:

So is the problem the Distributors or do we just have an exceptionally good one?

What are consumer protection laws like in Australia?  In general Europe is better than North America, but I am not familiar with other places.

Doug

Tom Lusk wrote:

aisu825 wrote:

Tom Lusk wrote:

"Around 12,000 Pentax cameras were sold, says the Pentax camera aperture problem class action lawsuit, which brought Ricoh Inc. more than $5,000,000 in sales.

The plaintiff says that, despite collecting millions in profits"

Millions in profits were generated by the sale of 12,000 lower-end cameras in the U.S.?

Too funny! This suit doesn't stand a chance.

Ridiculous conclusion, based on ..... nada. *eye roll*

Millions in profits from $5 million in sales?

Sure...

Double *eye roll* to you sir!

/

Based the reply to me, I think it was "Ricoh made lots of profits - even if it made little from the sales of these cameras, so even if they were sold at a loss, profits elsewhere should be used to put things right here".

The Squirrel Mafia wrote:

I guess we'll see where this goes.

You know where it goes...dollars into the pockets of lawyers!  Class Action lawsuits are a scam designed to make lawyers rich!