Are you a plaintiff? Do you have to take time from work to testify, talk with lawyers, sign things, video deposition, or do any number of things that these people have had to do?
After a while, "Fuck this, gimme the 2 grand" also means "I can't fight for the moral side anymore"
If it were you, you would have given in a long time ago, statistically speaking. If you are 1 in 100, you would have given in before this appeal started. You would have to be 1 in 1000 at least to get this far. Basic stats means I don't believe you. And you shouldn't believe you until you have been through this.
Fighting for the right side takes more effort than most people have. It seems like once a year we get the odd "I lost $25k or more even though I won the lawsuit" story. One per year, in my unscientific anecdote, which might sound like a lot. But it's not enough to win any ground.
Do you want to bankroll the losers? You already are, so that's a trick question. But if it were you, you would really appreciate someone kicking in a few bucks so you and your unemployed ass could take time to fight the good fight. And when the donations don't add up, you give in and live your life.
Hence the legal concept of a class action lawsuit where a small set of named plaintiffs represent the rest of the class and taken on the time and resource burdens of presenting the case to the court. I'm not part of the certified class, but if I were, I'm not sure if I'd be willing to be one of the named plaintiffs, but I'm pretty sure I'd be willing to participate as part of the class. Yes, I know, very selfish of me.
Of course, despite your protestations, the only motivational consideration is whether the lawyers are willing to bankroll the lawsuit and that depends on their assessment of the payout. It has very little to do with how much any of the plaintiffs expect as payment or how justified their case is. And, no, I don't feel any pity for the majority of the class (almost no effort expended), the lawyers (no explanation needed), or the named plaintiffs (usually have emotional stakes in the process if not the outcome).
But that's all generalized mumbo-jumbo. The pertinent particulars of this specific case are (1) most of the class would benefit only marginally from the $1-2k settlement since they are as a class highly paid hi-tech workers that were sought out by successful tech companies (e.g., a $1-2k bonus for these workers would be a cause for complaint) and (2) the plaintiffs' case is strong, as has been mentioned by the judge when she rejected the settlement.