Class Action Without Proof
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FAQ
It's important to understand that, with respect to the class action, you have a number of options: You can elect to participate as a member of the class. You can choose to ?opt-out? of the class, hire your own legal counsel, and file a separate lawsuit. You can decide to opt-out of the class action and do nothing.
If the class member does nothing and remains part of the class, then he or she will share any judgment or settlement that the class-action lawsuit eventually earns. However, that class member is not able to bring a separate lawsuit based on the same facts.
How Is a Class Action Lawsuit Paid Out? If your class action lawsuit succeeds, you may get a part of the settlement or court award. Usually, a lump-sum payment is given for smaller settlements and a structured settlement for larger ones, meaning the money is paid either all at once or in portions over a period of time.
ClassAction.org and Consumer-Action.org are the two leading online databases you can find information about class action suits. These sites usually feature a list of closed class-action cases, or those that have already compensated eligible class members.
For a class action lawsuit, you must prove that numerous people sustained harm in a similar way or suffered financial losses at the hands of another party for a court to certify your class action lawsuit.