How do I find out if I am in a class action lawsuit?

The class notice you receive, or request upon finding out about the suit, should also walk you through every step of the lawsuit including the collection of settlement. That should be all of the information you need to find out more about any class action lawsuits you’re a part of.

Which class action lawsuit should I join?

In most cases, it is a good idea to join the class action if you believe you suffered injuries or financial losses caused by the defendant. We do recommend you give us a call and discuss your situation with one of our class action lawsuit attorneys before you make a decision, however.

What percentage of people file a claim in a class action settlement?

FTC’s comprehensive study finds median consumer class action claims rate is 9%

What happens if I do nothing in a class action lawsuit?

For the most part, class action lawsuits typically end in settlement agreements between the lead plaintiffs and the defendants. If a class action ends in a settlement, the settlement award is divided and distributed among Class Members. However, if a settlement is not reached, the case will then go to trial.

How long does a settlement check take to arrive?

It takes about six weeks to receive a settlement check once the release is signed and the insurance company agrees to pay.

How much will I get from class action lawsuit?

If you have received a class action lawsuit notice, you may have asked yourself the question, “How much money do you get from a class action lawsuit?” According to statistics derived by NERA Economic Consulting, average settlements in the past few years have been about $56.5 million.

Do most class actions settle?

Cases filed as class actions are most often resolved by settlement. More than half of settlements typically occur before a class certification. Thirty-nine percent of matters filed as class actions are settled on an individual basis.

Can I ignore class action lawsuit?

If you choose to opt-out of a class action, you will not be able to claim part of any settlement funds or court award that results from the case. Before opting out, you may want to talk to an attorney. He or she can help you weigh the pros and cons of opting out of a particular lawsuit.