It could be good because if they actually gave their customers a refund or access elsewhere then they’ve at least made up for the closing.
Naturally, if you received something actually of equal value, it’s generally alright, in the same way that I’ll accept a FedEx van running into my mailbox if they paid me enough to replace it.
The emphasis is on “could” because they tested the claim that they’re doing the equal value thing and found they don’t seem to be. So the claim of giving something worth the digital goods you’re losing just isn’t holding up, so they’re shit.
While I’d love a percentage based fee, this is a damages suit, so it should be actual damages these people are owed, as determined by the court. A percentage just doesn’t make sense here unless punitive damages were also on the table.
In principle I agree, though, breaking the law should not be an affordable “cost of doing business”.