Class action lawsuits is a term most of us have heard or perhaps gotten a note in the mail about stating we may be entitled to a settlement from one. But just what are they?
Well let us explain, a class action lawsuit is a lawsuit filed by a number of defendants who suffered the same or similar injury and then sue a defendant. While you could be generally considered a plaintiff, you may never be aware of it. This may involve large corporations and organizations as well as very substantial groups of plaintiffs. Many times, the damages aren’t large enough individually to warrant one person suing and paying the corresponding fees however due to the amount of people affected, it has a larger impact and makes legal action more feasible when they sue as a group. In situations such as these the companies involved can be required to pay large amounts of money, even if each individual only receives a small portion of that.
“ When a class action lawsuit settles, people who could collect part of the settlement may receive a letter in the mail or an e-mail that contains instructions on how to claim their money or refunds. In some cases, however, attorneys working on the case have no way of gathering the contact information of people who could claim part of a final settlement.”
When there is money left over that has not been claimed in the settlement, one of the options is that it is referred back to the company that was sued.
So how do you know what class action lawsuits are going on and if you may be eligible to be involved? Websites such as classaction.org have lists and links to many of the current suits that you can check out and see if you may be entitled to a portion of the settlement. Part of being a responsible consumer is staying informed. Here are some of the more well-known suits to keep an eye on now:
If you connected your Vizio Smart TV to the internet between February 1st, 2014 and February 6th, 2017, you may be entitled to some cash settlement. This lawsuit stems from the company collecting your viewing habit data, violating consumer privacy laws. The deadline to get in is coming soon so if this involves you, get your claim filled in quick.
Lumber Liquidators landed in trouble over their Chinese laminate flooring. Claims were made against the level of formaldehyde emitted and the durability of the product. According to classaction.org, if you were involved in this case you will likely be contacted and don’t need to take any action as of now.
If you purchase any of these dog foods (Iams Proactive Health Sensitive Skin and Stomach (grain-free recipe with chicken and peas), ( Freshpet Select Slice and Serve Roll (Chicken recipe with spinach and potato), or Nature’s Recipe Grain Free (salmon, sweet potato and pumpkin recipe) you may be entitled to participate in a class action lawsuit. These recipes were labeled either “grain free” or “corn free” and this wasn’t found to be true.
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If you purchased a Samsung top loading washer manufactured between March of 2011 and October of 2016, you may be eligible to receive benefits such as a rebate, refund or reimbursement of some costs. You can check to see if your washing machine serial number is included in the range covered under this lawsuit. There are a ton of other lawsuits (and potential lawsuits) going on right now that may be worth checking into. Class action lawsuits can serve to protect consumers and keep large corporations accountable for negligence or intentional wrongdoing. Why not research current lawsuits to see if you may be included and can recoup some of your losses? Find out more on sites like www.classaction.org. You never know until you look into – you just might discover one that you are eligible for today.