Class Action

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Definition of Class Action

A class action lawsuit is a claim filed for a group of people who have been injured by a company's actions or products. Class action participants must sign papers to join the action and forfeit their right to file a lawsuit on their own behalf. Class action participants may not be entitled to equal damages if the claim is won, and attorneys generally receive a contingency payment which can be as high as 50% if the class action case is won.

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