What a frivolous lawsuit.
Frivolous has a specific legal meaning. That is, the case has no basis in law or in fact. This case clearly has a basis in fact, I don't even think it is up for debate that Intel did some shady things back then.
It is very rare for a truly frivolous case to be filed. Any attorney that did so would be subject to sanctions and could potentially lose his/her license to practice law. A truly frivolous case would be dismissed by the judge very early on in the proceedings.
When the public/the insurance industry behind tort reform says "frivolous", they almost always mean "lawsuit I don't like very much." They usually have no understanding of the legal underpinnings of the suit, thanks in no small part to the media butchering the description of the case. The most obvious example is the McDonald's hot coffee case. That case was severely misunderstood by the public. Google it or watch the documentary "Hot Coffee" for more information.
A lawsuit for 15$ why bother? On principle? Obviously not for monetary gains.
Largely, yes, on principle. One of the major reasons class action suits exist is so that small wrongs can be addressed in an economical way. In many ways it is more about disgorging wrongful profits and discouraging wrongful behavior than compensating victims.
Imagine if Bank of America stole $1 dollar from each of its customers (if?). Though BofA may make tens of millions of dollars and though we would all agree that what BofA did was wrong, no individual person would be incentivized to go to court over it. It simply wouldn't make economic sense to do so. Class Action suits are an attempt to solve this problem.
Yes, lawyers will receive more in fees than any individual in the class. But the class as a whole receives the vast majority of the proceeds. There are numerous court controls on the fees the attorneys receive in class actions. The court has to approve them. The fees have to based on proven hourly work, not on a straight contingent portion of the recovery. Finally, some states, like Texas, require the attorneys to be compensated in kind with the class. Thus, if the class gets coupons, the attorneys get coupons in lieu of cash.
Rant over.