What is a Class Action? Why Should you Care?
It all begins with an allegation or accusation. Maybe a company committed fraud or worked illegally with competitors to increase a product’s price. It could be a company illegally collecting and selling your data or even worse, sometimes a product is defective. Class action lawsuits can start for many reasons, but when there is a settlement, you do not want to miss out.
Typically settlements take 3-5 years to litigate and another 1-3 years to pay out, so people lose interest quickly. It is in the Defendant’s interest for you to forget about this issue, but by not paying attention to class action settlements, you are leaving money on the table. Our team of dedicated experts tracks and can help you file a claim in any type of class action settlement.
We know the average person does not know much about class action lawsuits, so let’s break it down simply. You must file a claim to receive a payment in almost any class action settlement. Do nothing and get nothing. Filing a claim in a class action settlement is not filing a lawsuit. The class action model allows for the lawyers to argue the case amongst themselves and often a Defendant will offer some amount of money or a payment to settle the case and avoid a court trial. By the point the case settles, you simply have to file a claim.
Sounds easy, but you do have to deal with the paperwork and communications with the settlement administrator. There is typically an audit process and people who file a claim must be prepared to deal with any audits or risk not receiving your payment. Our firm is here to handle it all and wants to make sure you do not miss any of the details.
We can deal with any paperwork, audits and find additional settlements you may qualify for. All said and done, our mission is to help you realize the value of class action settlements. Please reach out if you have any questions about a settlement or if you want to learn more about class action in general at info@caresettlements.com.