Here we will break down all the aspects of a class action
- Who can file a suit? A class action is filed by one individual or a group of individuals to represent a large number of people who have suffered a similar injury or financial harm.
- What can the lawsuit be about? A suit can be filed if they involve a defective product, fraudulent advertisement claims, consumer fraud, and or neglect.
- The Complaint - a legal document that details the facts of the case in a court in order to start a class action.
- Named Plaintiff - also known as the class representative or the lead plaintiff, is the person who files the class action as the spokesperson of that class.
- The Class - is the group of people who are being represented in the lawsuit. Anyone who meets the definition of the class is considered to be a member.
- Class Action Notice - If you fall into a class then you may receive a notification if a lawsuit settles with instructions on how to claim your portion of the settlement.
- Cost - It doesn’t cost you anything to be a class member, it’s completely free! You will not incur any legal fees of any kind.
- Lawyer Wages - The lawyer/s only gets paid if they win and then they usually collect a percentage of the settlement as compensation. A judge must determine whether the amount requested by a lawyer as payment is reasonable.
- Compensation - the members in a suit usually receive the same amount of compensation from a settlement. However there are times when different compensation is given for different members of the class.