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What Is A Class Action Lawsuit?

<p>A &&num;8216&semi;Class Action Suit&&num;8217&semi; consists of a group of individuals who have experienced injuries or damages from the same employer&comma; corporations&comma; organizations or investment firms like the famous class action Enron suit in 2006&period;<&sol;p>&NewLine;<p>The settlement was for &dollar;7&period;2 billion and administered among those who were involved&period;<&sol;p>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-1465" alt&equals;"Class Action Lawsuit" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2013&sol;05&sol;Class-Action-Lawsuit&period;gif" width&equals;"500" height&equals;"329" &sol;><&sol;p>&NewLine;<p>Investors could have employed an attorney on their own but procuring a veteran class action attorney would have much more impact and merit&excl;<&sol;p>&NewLine;<p>These types of civil cases allow multiple individuals to sue an organization for the same reasons&period;<&sol;p>&NewLine;<p>In general&comma; only one lead plaintiffs’ name will appear on the official documents as he will be representing all those involved&period;<&sol;p>&NewLine;<p>This is when Rule 23 came about to legally bind all individuals together making up the famous title of the &OpenCurlyQuote;Class Action Suit’ that is used so often today&excl;<&sol;p>&NewLine;<h2>How a Class Action Lawsuit Works<&sol;h2>&NewLine;<p>Each state will have its own governing laws that the class action suit must follow&period;<&sol;p>&NewLine;<p>An example would be all affected parties involved receive a notification via mail or in some cases television advertisement&period;<&sol;p>&NewLine;<p>The tending judge will have the final say on who will represent the plaintiffs’&period; In most cases it will be the legal counsel who has filed the motion&period;<&sol;p>&NewLine;<p>The judge will work with the attorney on defining the certification and class in terms of all involved plaintiffs mutual complaints&period;<&sol;p>&NewLine;<p>If for any reason an individual prefers to pursue their own legal battles&comma; they have the option to opt out via mail or by phone&period;<&sol;p>&NewLine;<p>Monetary disbursements are decided once the case has been settled&period; Both the judge and attorney will work together to arrive at a fair and impartial settlement&period;<&sol;p>&NewLine;<p>The final amounts will be determined by the judge as he has the final word on how the funds are distributed&period; He will also decide how much counsel will be paid as well as in what form&period;<&sol;p>&NewLine;<h2>Examples of Recent Class Action Lawsuits<&sol;h2>&NewLine;<p>Most recently Apple has consented to pay &dollar;53 million on a class action suit according to Wire Magazine&period;<&sol;p>&NewLine;<p>Consumers holding the older iphones such as the very first original up to the iPhone 3GS&comma; along with the first iPod touch to the third generation could be compensated up to &dollar;200&period;00 &&num;8211&semi; &dollar;400&period;00 depending on how many claims are filed&period;<&sol;p>&NewLine;<p>The issue at hand would involve a white indicator tape that turns red or pink while applied either near the headphones or the charging units&period;<&sol;p>&NewLine;<p>Apple has a service warranty for individual purchase for the length of one or two years that they will and have not honored if this particular issue has been applied&period;<&sol;p>&NewLine;<p>More settlement news are forthcoming as this has not gone public as of April&comma; 2003&period;<&sol;p>&NewLine;<p>A few examples of consumer protection class action laws that are typically violated could fall in arenas like creditors&comma; landlords&comma; car dealerships&comma; banks and debt collectors&period;<&sol;p>&NewLine;<p>In most states there are consumers’ protection laws that enable individuals to fight for their rights&period;<&sol;p>&NewLine;<p>These could include the lemon law for purchases that are defective right from the beginning&period;<&sol;p>&NewLine;<p>For example if an individual purchased a certified automobile and started to experience faulty and constant issues with the vehicle&period;<&sol;p>&NewLine;<p>This could be a result of many other automobiles that are not properly certified and allowed to be placed on the market for purchase&period;<&sol;p>&NewLine;<p>This kind of experience could multiply and engaging in a class action suit can help protect each and every individual whose rights have been violated&period;<&sol;p>&NewLine;<h2>Should I Contact an Attorney&quest;<&sol;h2>&NewLine;<p>The steps that any skilled legal firm has to offer would be to schedule a consultation to discuss all the necessary information at hand&period;<&sol;p>&NewLine;<p>Some offer no fees if the case is not won&comma; while others offer payment arrangements&period;<&sol;p>&NewLine;<p>The purpose of the consultation is to review claims&comma; cut through red tape&comma; advise if the case is worthwhile&comma; receive the best settlements&comma; and offer other means of a settlement like mediation or working with insurance companies to settle out of court&period;<&sol;p>&NewLine;<p>These practices contain some of the best investigative teams that can research and skillfully assess all aspects of the case&period;<&sol;p>&NewLine;<p>This article was contributed by Sadaka Associates&comma; class action lawsuit attorneys in New York and New Jersey&period; Visit them at www&period;sadakafirm&period;com&period;<&sol;p>&NewLine;

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