What is the difference between a settlement class and a damages class?

The main difference between a settlement class and a damages class in California is the amount of money each group receives. A settlement class is when a group of people affected by a dispute come to an agreement with the party they are suing. In this arrangement, the group may receive a monetary settlement or other relief, such as a promise to change their practices. A damages class, on the other hand, is when the group is awarded monetary damages by a court or a jury as compensation for their losses. This type of class action is usually initiated by an individual or a group of people who have experienced harm due to the actions of another. In a settlement class, the class members will receive the agreed-upon amount of money and any other relief that was negotiated between the parties. The amount of money can vary greatly depending on the type of claim and the number of people affected. On the other hand, a damages class is awarded a set amount of money when the court or jury finds that the defendant is liable. This amount is calculated based on the legal theory used to prove the claim, the number of class members, and other factors. So, in summary, the difference between a settlement class and a damages class in California is that a settlement class usually involves a negotiated agreement between the parties, while a damages class is court-awarded monetary compensation to the class members.

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What is the difference between a settlement class and a damages class?

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