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Some Class Members Only Receive a Nominal Amount These are people who didn't suffer any serious injuries or evidence supporting their claim, like receipts for the dangerous product or medication. These class members would only receive nominal damages. Sometimes, their share of the settlement proceeds is less than $10.

1998 ? The Tobacco Master Settlement Agreement ? $206 Billion. The Tobacco Master Settlement Agreement was entered in November 1998 and is still the largest lawsuit settlement in history.

After attorneys' fees and administrative costs, the settlement amount is still huge ? but it won't feel that way to the average person. Because there are so many eligible recipients, lawyers for the plaintiffs told Judge Vince Chhabria they expect the median payment to be around $30.

Even though these lawsuits sometimes settle for millions of dollars, a plaintiff's payout will depend on several factors, including: How many lead plaintiffs are involved. The number of injured plaintiffs. The total number of class members taking part in the lawsuit.

Risks of Joining a Class Action Lawsuit Compensation may be more limited than for an individual lawsuit. You may not feel as heard if you are not one of the class representatives. Progress may be much slower than for a single lawsuit because of the complexity of the case.

In most cases, there's little downside to joining these lawsuits, which combine many legal claims ? often thousands ? into one claim against a single defendant, reducing fees for each claimant and potentially earning a much larger payout. And there have been many opportunities to do so.

There are a limited number of circumstances in which someone may renegotiate a divorce settlement. If the original settlement is unfair and you can prove it, you may be able to have a judge review it.

How to Negotiate the Best Deal on Your Settlement Agreement Prepare Well for the Settlement Agreement Negotiation. ... Decide which negotiation tactics to use. ... Ask for a Protected Conversation with your Employer. ... Don't ask for too much. ... Don't ask for too little. ... Find out how the settlement payments will be taxed.