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What are the stages of a class action lawsuit?

The average class action lawsuit payout per person typically ranges from $20 to $1,000, depending on the settlement size, number of claimants, and legal fees. Some high-profile cases may result in payouts exceeding $10,000, but larger class sizes usually lead to smaller individual payments.

What are the stages of a securities class action?

However, at this point almost all securities fraud class actions result in settlement, which involves a 4-step process, i.e., 1) negotiating a settlement; 2) seeking preliminary court approval; 3) obtaining final court approval; and 4) the claims administration process.

Should I join a securities class action lawsuit?

The result may be that someone brings a class action lawsuit. But if youve suffered a significant financial loss, you should be wary of participating in a class action. Youll almost always be far better off if you opt out of the class and pursue your own individual case.

What is the average payout for a class action lawsuit?

A securities class action is a representative lawsuit brought on behalf of a group of investors who have suffered a financial loss in a particular stock, bond or investment fund.