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Notice of Pendency of Class Action - Claims Administration Services

Notice of Pendency of Class Action - Claims Administration Services 2025

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This document is a Notice of Pendency of Class Action regarding a lawsuit filed in the Superior Court of California, County of Los Angeles, involving Dennis Wood and Joseph F. Helmer as plaintiffs against Sunwest Bank and its Board of Directors. The class action pertains to former minority shareholders of Sunwest Bank who owned shares on or after December 8, 2011, alleging breaches of fiduciary duty by the defendants related to unfair share buyouts. The notice informs potential class members about their rights, the implications of the lawsuit, and how they can participate or opt out.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do you actually get money from class action settlements?

Class action cases are intended to result in more efficiency in the courts, as one trial can resolve thousands of claims. At the same time, class actions can hold wrongdoers accountable for their actions, even when no one person sustained a significant injury.

What does notice of class action settlement mean?

A class action settlement notice is a communication sent to potential members of a class action lawsuit to inform them about a proposed settlement. This notice contains information to ensure that all affected individuals are aware of the settlement and understand their rights and options.

What is a notice of pendency of administrative proceedings?

The notice of pendency of administrative proceedings shall describe the real property, shall set forth the non-complying conditions, and shall state that all current or subsequent owners of the property may be liable for abatement costs pertaining to any violation of land use ordinances and that the abatement costs may

What is the meaning of notice of pendency of class action?

Notice of Pendency of Class Action means the notice given to potential Class members as shall be provided in the Courts Preliminary Approval Order.

Why did I get a notice of class action settlement?

What Is a Class Action? A class action is a legal proceeding in which one or more plaintiffs bring a lawsuit on behalf of a larger group, known as the class. Any proceeds from a class-action suit after legal fees, whether through a judgment or a settlement, are shared among all members of the class.