How are class action settlements distributed?
Class action settlements in Washington are distributed according to the rules outlined in the class action lawsuit and/or the settlement agreement. In general, the process is overseen by the court, which determines who is eligible to receive a settlement and how much each person is entitled to receive. After the court approves the settlement agreement, a claims administrator appointed by the court will send notices to all potential class members. These notices provide instructions on how to submit a claim for a settlement. To be eligible to receive a settlement, class members must submit a valid claim by an established deadline, after which claims that are incomplete or are not filed in time are deemed invalid. Once a valid claim is submitted, the claims administrator will review the claim and determine an appropriate payment amount. The amount of the payment is determined by the agreement included in the settlement and can vary depending on the type of lawsuit and claim. Once the administrator determines an appropriate payment amount, the class members are then paid out according to their eligibility. The process of distributing class action settlements varies from state to state, so it is important to follow the guidelines outlined in the specific class action lawsuit or settlement agreement. In Washington, the rules are typically determined by the court and class members must submit valid claims to be eligible for a payment.
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