A class action lawsuit is used when a group of individuals have all suffered from the same wrongdoing. These people are all being affected similarly and as a result, a class action lawsuit can be filed. Some of the more common lawsuits are cases that pertain to consumers harmed by defective products or employees being discriminated against by their employer. There are many different steps to the class action lawsuit process, but each one is fairly simple.
At this level, the lawsuit will need to be classified as a “class-action” level by the courts. As long as every member of the group shares a legal issue and the group has enough people, it will be approved as a class action lawsuit.
First, an individual will be named as a Lead Plaintiff. This person will become the representative for the group and therefore, he or she will be the main spokesperson for the case. debt collection statute of limitations
Once the case has been approved and a Lead Plaintiff has been named, a direct piece of mail will be sent out to each member in the group. Members have the choice to either follow through with the group lawsuit or pursue the claim on their own. Many individuals choose the group lawsuit route because it is a better option financially than pursuing a case independently. The class action notice that is sent out to each group member is a vital piece of paper for each involved party. It will list the purpose of the lawsuit, the class that is being represented, the contact information of each lawyer that is handling the case, deadlines pertaining to the trial and an option for opting out of the group lawsuit.
The main goal of any lawsuit is to reach a settlement, preferably before going to court. Most times, this does happen and a decision can be agreed upon that is fair to every party. After the court approves the agreement, each member of the class action lawsuit will be notified through the mail.
The amount of money gained by each member in a class action lawsuit is determined by the settlement amount, the number of members in the lawsuit and the attorney’s fee. The larger the amount of people involved in the suit, the less amount of money each member will recover. A lawyer’s fees are normally taken directly from the settlement amount as well instead of charging each client separately.