> instead of investing money into security they choose to roll the dice and set aside some peanuts for litigation

Even if it was security, which it isnt, they would still have to 'invest money' to comply post being sued. So they save the invesment, get sued for 255mil and have to spend the money anyway.

I find it unlikely that when they skimped on the t's and c's writing they 'saved' themselves 255milion in lawyer time? Whats that, say 51,000 lawyer hours billing out at 5k an hour? So 100 high priced lawyers billing 100 hours a week for an entire year to write the t's and c's?