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In the United States, the class representative, also called a lead plaintiff, named plaintiff, or representative plaintiff, is the named party in a class-action lawsuit. [66] Although the class representative is named as a party to the litigation, the court must approve the class representative when it certifies the lawsuit as a class action.
How Class-Action Lawsuit Payouts Work. Usually, if you are part of a class involved in a class-action lawsuit, you don’t play any role in the suit until it is done. You just sit tight until the ...
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Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
A securities class action (SCA), or securities fraud class action, is a lawsuit filed by investors who bought or sold a company's publicly traded securities within a specific period of time (known as a “class period”) and suffered economic injury as a result of violations of the securities laws.
Cash App customers may be able to claim more than $2,500 each as part of a $15 million class-action settlement for data and security breaches at the mobile payment service.
The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards.
The lawsuit is one of two high court cases involving class-action lawsuits against tech companies. The justices also are wrestling with whether to shut down a class action against Nvidia .