Put simply, a class action suit is where a single person (or a small group of people) represents a larger group of people in a lawsuit. You’ll often see class action suits in corporate fraud, consumer privacy or product quality/safety cased.
Any settlement award resulting from the decision in a class action suit is distributed to the involved parties—minus the legal fees paid to the legal professionals who brought the case.
The class action settlement award can be distributed in a variety of ways, including:
Read more about class action settlements here: Viral Class Actions Offer Good (and Bad) News for Plaintiffs’ Firms
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