According to the Consumer Financial Bureau, more than 1,000 class-action lawsuits are filed each year. If you’re considering filing a class action lawsuit or just want to know more about what it is, you’ve come to the right place.
Below you’re going to find a brief guide that will detail everything about this type of lawsuit that you need to know.
What Is a Class Action Lawsuit?
This type of lawsuit is when a group of people files a lawsuit against an organization because a product or service provided by the organization caused these people to become injured or extremely sick. This type of lawsuit is so powerful because it’s not one person suing an entity; it’s a group of people that are all providing evidence to support their claims.
A few examples of a class action lawsuit are employees that have been discriminated against in the workplace. Or people that invested in a company and lost all the funds they invested due to a scam.
How Many People Can File?
When you file a lawsuit, it might seem like everyone needs to file their lawsuit to bring awareness to the issue. The only class action lawsuit qualification when it comes to how many people can file is that one person files it.
Within the lawsuit, each person affected by the organization gets named as a plaintiff in the case.
When Will I Recieve Notification?
When it comes to receiving notice of the lawsuit, those not listed will be notified in other ways. The court system will do its best to reach out to everyone, and the most common way to do this is by creating an ad or social flyer that urges those that may have been injured to call a specific number.
Once individuals have seen the advertisement and placed their calls to let those in charge know that they have been affected by the organization, they can join the others in the lawsuit.
For example, if you’ve used Zantac and found yourself experiencing adverse reactions to the product you want justice. , You could receive notification that you could receive a settlement. If you’re not sure whether you’re eligible for the settlement or not, you’ll want to check zantacsettlement.org.
How Does a Settlement Work?
Once the lawsuit’s filed, the entity that’s sued will then get prosecuted for each allegation. If they’re found guilty of what they’re charged with, everyone listed will receive a settlement.
The advantage of filing a class action lawsuit is that often the group will receive the settlement they deserve.
Class Action Lawsuit: Order in the Court Room
There’s a lot to know about a class-action lawsuit, but we’ve fit it into this brief guide. Some of the things you need to know are that only one person needs to file the suit and that the more people you can list in the suit, the better.
If you found this post useful, don’t hesitate to check out some of the other posts that we’ve created in this section.