Class Action Settlements

A class action settlement occurs when a group of people with similar legal claims against the same defendant combine their cases into one legal action. If the court approves the settlement, the defendant agrees to compensate all members of the group, often through a lump sum or similar arrangement. Instead of each person suing individually, they benefit from joint resolution, which can be more efficient and cost-effective. Settlement funds are typically distributed proportionally based on the claim or harm experienced. Participants often need to opt-in to receive a share, and the process provides a streamlined way to address widespread issues collectively.