How much notice do class members receive before a class action settlement?
In New York, the notice that class members must receive before a class action settlement is determined by the court. Generally, the court will require that class members receive written notice of the proposed settlement at least twenty (20) days in advance of the hearing where the court will review the settlement. The notice should provide details about the proposed settlement, including what the class members receive in exchange, when the settlement must be approved, and how it will be distributed. The notice must also explain how class members can submit a claim form and/or opt out from the settlement if they are not satisfied with the terms. It should also include the time and place of the hearing so class members can appear in person. The notice should also explain the process of how class members can submit comments or objections to the settlement and what the class members’ rights are if they do not opt out. In addition to the written notice, the court may also require various other forms of notice, such as publication in newspapers or mailing postcards to class members. This may be necessary if class members cannot be located or if the court feels that the proposed settlement is not fair. In summary, class members in New York receive at least twenty (20) days of written notice before a class action settlement is reviewed in court. The notice explains the details of the settlement, how class members can submit a claim form and/or opt out, and other relevant information. Depending on the circumstances, additional forms of notice may be required.
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