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FAQ

If you have received a class action lawsuit notice, you may have asked yourself the question, How much money do you get from a class action lawsuit? According to statistics derived by NERA Economic Consulting, average settlements in the past few years have been about $56.5 million.

Class action refers to a lawsuit filed by a group of people who have suffered from similar damages caused by the same act.Receiving a notice of a class action lawsuit usually indicates your involvement in a particular case and that you might receive a possible compensation for the damages they caused.

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

In most cases, you will need to submit a claim, either online or through the mail, to receive your portion of the settlement or judgment. Information on how to do so will be found in the class notice that you will receive in the mail. Some class actions that deal with wage and hour violations may be "opt-in" cases.

Settlements in recent years have averaged $56.5 million, according to NERA Economic Consulting. But individual class members rarely see a fat payday. For example, the proposed Target settlement is $10 million (separate lawyers' fees total $6.75 million).

If there is already an existing class action lawsuit, you may be able to simply join the class. You often will receive a written notice by mail informing you that you have been named as part of a class in a class action lawsuit. If so, you can simply follow the instructions in the notice in order to participate.

A class action lawsuit is a lawsuit in which a group of people with the same or similar injuries caused by the same product or action file suit against the defendant as a group. Other names for class action lawsuits include mass tort litigation or multi-district litigation (MDL).

Yes. While joining a class action lawsuit will not cost you a dime upfront, you give up your right to recover compensation individually. If your injuries are substantially worse than other plaintiffs in your class, joining a class action could end up costing you thousands or millions down the road.

A typical contingency fee is between 25 and 35 percent, and a class-action attorney's contingency fee is usually a bit lower, at 20 to 30 percent. When you consider that class-action suits can typically result in settlements of hundreds of millions of dollars, that lower percentage doesn't look so bad.

Alabama Exclusion letter from class action

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How much money do you get from a class action lawsuit?

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How much do class action lawsuits pay?

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