Can individual class members opt out of a class action settlement?
Yes, individual class members can opt out of a class action settlement in Florida. Generally, when a class action lawsuit reaches a settlement agreement, each class member is notified of the settlement and their rights under it. These notices typically include the right to exclude, or opt-out, of the class action settlement. When an individual class member opts out of a class action settlement, they are no longer bound by the settlement and have the right to proceed with an individual legal action against the defendant or defendants for their own damages. However, they will not be eligible for any money awarded under the class action settlement and will not benefit from any non-monetary relief, such as injunctions or policy changes. By opting out, the individual is taking control of their own legal claim and can potentially seek a more favorable outcome than the class action settlement. In some cases, it may be beneficial to opt out and proceed with an individual lawsuit, as they could potentially receive a larger award than the class action settlement. When considering whether or not to opt out of a class action settlement, individuals should seek legal advice to determine which option is best suited for their specific case.
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