What does it mean to join a class action lawsuit?

In this type of legal action, a large group of people (the plaintiffs) file a single lawsuit against a company or individual, (the defendant) for similar or identical grievances. All of the people who participate in a class action lawsuit share similar circumstances, injuries, and damages.

What is the purpose of a class action lawsuit?

Class action lawsuits provide harmed people with many benefits, such as allowing large groups of similarly affected people to come together and file a lawsuit against the same company. This provides strength in numbers for all of the people harmed, typically by large corporations, or businesses that have a vast reach.

What happens if you join a class action lawsuit?

Once you join a class action lawsuit, you can’t make an individual claim. So if the class action lawsuit fails, you’re forever out of luck. So if you think there’s a chance the case could fail but you need compensation, an individual claim might be for you.

Is it smart to join a class action lawsuit?

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 are four 4 requirements for bringing a class action lawsuit?

Federal Rule of Civil Procedure, Rule 23(a) provides that an action requires four conditions to qualify for class treatment: (i) the class must be so numerous that joinder of all members is impracticable, (ii) there must be questions or law or fact common to the class, (iii) the claims of the representative parties …

How much do class action suits pay?

If you have a case where 30 to 50 million people are involved and the settlement amount is $10 million, lawyers will take a big chunk. The class action settlement checks mailed might be as little as just $. 25 or a few dollars after what’s left of the settlement has been split up among each class member.