What is a graduated class action settlement?

A graduated class action settlement is a type of class action lawsuit settlement that involves payments to members of the class based on the amount of their individual claim. For example, if a company is accused of wrongdoing, the settlement may provide a certain amount to each class member based on their claim amount. For example, if a class member is due $100 in compensation, they may receive a portion of the total settlement amount. Some settlements may also provide different payment tiers to class members with larger claims. This type of settlement can help to ensure that class members with the largest claims receive a larger portion of the settlement amount than those with smaller claims. In Washington, class action settlements must be approved by the court before they can be finalized. This review process ensures that the class action settlement is fair and reasonable for all members of the class.

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What is a graduated class action settlement?

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