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How long to pay out on a class action lawsuit?

Dealing with a class action? Discuss it here

How long to pay out on a class action lawsuit?

Postby motega » Fri May 18, 2012 10:46 pm

Once a class action lawsuit goes through the "final settlement approval" hearing how long does it take generally for the plantiffs to receive payouts?
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How long to pay out on a class action lawsuit?

Postby cadby » Fri May 18, 2012 10:49 pm

Once a class action lawsuit goes through the "final settlement approval" hearing how long does it take generally for the plantiffs to receive payouts?
If it's appealed, it could be never. The case could get overturned in appeal.

Otherwise, it will be a "reasonable" time frame.
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How long to pay out on a class action lawsuit?

Postby salvadore94 » Fri May 18, 2012 10:51 pm

It could take years or it could happen right away. Final does not always mean final. If one or several parties to the suit object to the final settlement then further hearing are scheduled to determine if their objections are valid.
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