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Saturday, 19 July 2008 08:07 |
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Frequently Asked Questions (FAQ)
Below are some of the common questions we receive regarding TopClassActions.com. If you have any other questions, please email us at
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for assistance. Q: What’s a Pending Settlement? A: This is when defendants in the class action lawsuit have made an agreement with the plaintiffs in the case and the court and are looking for those people who may be impacted by the settlement (those who purchased the product or service.) When a class action lawsuit is in the Pending Settlement phase affected customers can file their claim during the registration period. Once that registration period is over you can no longer file a claim and get your piece of the settlement. That’s why it’s important to sign up for our email list and check back at TopClassActions.com often or you may risk missing a BIG settlement. Don’t let something like the DeBeers Diamond Settlement pass you by. Q: What’s it cost to join a Class Action Lawsuit or Class Action Lawsuit Settlement? A: Typically there are no costs to join a class action lawsuit or a class action lawsuit settlement. Q: Is the information I submit to Top Class Actions or the Settlement Administrator websites confidential? A: All information submitted to Top Class Actions is kept 100% confidential. It's not sold, leased or otherwise shared with any outside parties (even our Partners) unless specifically noted in the article or area you submit your information. You will always be notified PRIOR to submitting any information that would be shared with an entity outside of Top Class Actions LLC. At this time the only outside entity that has access to your email address is the vendor managing our email distribution (YMLP.com.) They aren't allowed to sell, lease, rent or in any way distribute your email address to anyone other than Top Class Actions LLC. If you submit a complaint via the complaint form or one of the requested settlements attorneys in our network will have the ability to see your personal data and you may be contacted for additional information or for assistance filing your case. Q: What’s a Key or Named Plaintiff in a class action lawsuit? How does that benefit ME? A: Filling out the mailing list form completely is a key step in helping make you a named class action participant or plaintiff, one who helps originate the lawsuit. Those participants typically receive compensation for their claims first once the suit is settled (anywhere from hundreds, to thousands of dollars) because the courts view them as the originators of the class action lawsuit against the companies and therefore due additional compensation for their time spent on the case assisting the attorneys. Q: Do you REALLY need all of the requesting information for the mailing list? A: We're not asking for much, just your location, so we hope you'll provide it. It's not required. The reason we ask is that the more information we have, the more targeted we can be in selecting lawsuits which help our viewers. In addition, we'll have the ability to send you specific information for your area. For example, if there was a recent class action settlement in Michigan regarding litigation against a local utility company. We want to make sure those notifications are only going to those affected, and not everyone. Q: Who's this Settlement Administrator and why do I need to go to their website? A: Settlement Administrators are those who have been chosen by the courts to monitor the settlement process, accept claims, and pay them out after the acceptance period ends and the settlement closes. Typically, their websites include a form so you can submit your claim electronically. They're vital to the class action settlement claim process. Links to the Settlement Administrator websites are included on almost all of the individual class actions settlement pages. Q: When will I get PAID?!?! A: The key word to remember when making a claim on a class action settlement is PATIENCE. Once you make your claim, you still have to wait for the settlement period to end. Once the settlement closes, the judge reviews the case and approves it for payment processing. After that point (typically 3 - 6 months after the settlement closes) all of the claims submitted are formally reviewed by the claims administrator for validity. Once THAT'S done, the payments start going out. The entire process typically takes 1 - 2 years. So, if you submitted a claim for the DeBeers Diamond settlement, you can expect to receive a check sometime in the beginning of 2009. The wheels of the legal system move slowly, but they DO move, so be patient. You'll get your payment. It will just take some time. ©2008 TopClassActions.com / Top Class Actions LLC |
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Last Updated ( Wednesday, 17 December 2008 20:13 )
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