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Facts - Books - News U.S. Facts Of Law: |
A Class Action Lawsuit
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A settlement is a contract that is one possible result when parties sue (or contemplate so doing) each other in civil courts, usually seeking money as reparations for the alleged wrongdoing of the defendants. The plaintiff(s) and defendant(s) identified in the lawsuit can agree to resolve the dispute between themselves without a trial. The resolution of the lawsuit sets forth the obligations of the parties, and is often made effective by an order of the court after a joint stipulation by the parties. In other situations (as where the claims have been satisfied by the payment of a certain sum of money) the plaintiff and defendant can simply file a notice that the case has been dismissed.
(see
Legal Kits)
The majority of cases are decided by a settlement. Both sides often have a strong incentive to settle to avoid the costs (such as legal fees, finding expert witnesses, etc.), associated with a trial, particularly where a trial by jury is available. Generally, one side or the other will make a settlement offer early in litigation. The parties may hold (and indeed, the court may require) a settlement conference, at which they attempt to reach such an agreement.
In controversial cases, a settlement agreement may require both sides to keep its contents and all other information relevant to the case confidential. Confidentiality is not possible in
class action cases in the United States, where all settlements are subject to approval by the court pursuant to Rule 23 of the Federal Rules of Civil Procedure and counterpart rules adopted in most states.
In criminal matters, a settlement is referred to as a plea bargain.
Claim Settlements
While most claims are settled before they reach court, when a case is more involved it may require the use of an "attorney" or a "lawyer". In the case of insurance companies, they may be more inclined to settle a case out of court to save on costs. Depending on the case, a person may deal directly with the company in question to come to a reasonable financial settlement without using an "attorney".
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Class Action Lawsuit News
• Farmers File Classaction Lawsuit Against Riceland Foods Arkansas News Bureau
By Jason Wiest Arkansas News Bureau LITTLE ROCK Riceland Foods Inc. in Stuttgart subjected the states rice farmers to an ultrahazardous risk when it experimented with genetically modified rice that contaminated the commercial supply, a class action lawsuit filed Wednesday alleges.
• JAYZS 40/40 TARGETED IN CLASS ACTION LAWSUIT: Workers Say Club Managers Make ...
Some 20 workers for Jay Zs 40/40 club in Manhattan are part of a class action lawsuit accusing the venue of forcing them to work for tips only, cheating them out of overtime and making them pay for breaks and spills as well as walkouts.
• The Brualdi Law Firm Announces Class Action Lawsuit Against Apple, Inc. INO News
AP:NEW YORK, July 3, 2008 PRIME NEWSWIRE The Brualdi Law Firm P.C. announces that a lawsuit has commenced in the United States District Court for the Northern District of California on behalf of purchasers of Apple, Inc. Apple or the Company common stock during the period between June 29, 2003 and June 29, 2006 the Class Period.
• UnitedHealth Group Agrees To Resolve Federal Securities Class Action Lawsuit ...
UnitedHealth Group NYSE: UNH today announced it has reached an agreement in principle with lead plaintiff California Public Employees Retirement System CalPERS and plaintiff class representative Alaska Plumbing and Pipefitting Industry Pension Trust, on behalf of themselves and members of the class, to settle the federal securities class action lawsuit arising from the consolidated amended
• Bronstein, Gewirtz Grossman, LLC Announces That A Class Action Has Been File...
Bronstein, Gewirtz Grossman, LLC announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York against First American Corporation and various individuals on behalf of purchasers of First American securities who purchased between April 26, 2006 and November 6, 2007.
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The information provided by FactsOfLaw.com does not
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provided for educational purposes only without
warranty of any kind. FactsOfLaw.com has not
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and is not responsible for any errors, omissions or
inaccuracies. For legal advice you should
consult a licensed attorney. Source: wikipedia.org
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