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iPhone users who were named in the class-action lawsuit will get up to $3,500 each. The rest of the settlement money will be distributed to owners of iPhone 6, 6S, 7 and SE models who meet eligibility requirements related to the operating system they had running. They must file claims to get the award.
The Way Class Action Settlements Are Divided Generally, these lawsuits settle before going to court. Then, the lead plaintiffs are given an amount that is determined by their participation in the class action lawsuit. Finally, the rest of the settlement amount is divided among other class members.
Who Gets The Most Money In A Class Action Lawsuit. Contrary to the picture presented in the media, most of the money in a class action settlement goes to the injured plaintiffs. While the class' attorneys typically take a percentage, the court will restrict their payment to a reasonable amount.
Settlement money from a class-action lawsuit doesn't usually amount to much, maybe a few dollars. Occasionally, class-action suits can be very profitable for people other than the attorneys. I'm a good example: I just received a check for almost $1,400. You need to seek out these rare money opportunities.
A class action is a court case where one person makes a request to the court on behalf of everyone who had the same problem. They are called members of the class. If the person wins the case, all members can get an amount of money or other compensation. They don't have to go to court themselves.
In most class actions, you need not do anything to join the lawsuit. Most class actions are opt-out lawsuits. In general, you don't need to do anything to “join” a class action. If your legal rights are affected by a class action, you usually will only need to get involved once the case settles.
Assuming there are no further appeals, class members generally receive payment about six to nine months after a settlement agreement is submitted to the court for preliminary approval, says Stuart Ross man, director of litigation at the National Consumer Law Center.
Most bodily injury settlement checks take 1 to 3 days to clear. Once it clears, your attorney can write your check-out immediately. The bodily injury settlement check is usually made out to both the attorney's office and the client.
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