What happens after a class action lawsuit is settled?
Once a class action lawsuit has been settled in California, the court will typically approve the settlement and enter an order that resolves the case. This order is known as a “class action settlement order” and it is used to determine who is eligible to receive compensation as part of the settlement. In some cases, the court may also appoint class representatives and their attorneys to receive fees for their services. The court will then issue a notice to all potential class members, which provides information about the settlement, the rights of class members, and the process of submitting a claim for compensation. Potential class members then have the opportunity to object to the settlement if they are not in agreement with the terms. If the class member does not object to the settlement, the next step is for the court to evaluate the claims submitted by potential class members to determine whether they are eligible for compensation. If the claim is approved, the class member will receive the compensation as outlined in the settlement. This will usually involve paying out cash or providing some form of services or products. Once the claims have been evaluated and all class members have received their compensation, the class action lawsuit will be closed. At that point, the parties involved are no longer able to file a lawsuit relating to the case.
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