What is the difference between a Lead Plaintiff and a Class Member?
Consumer class actions are lawsuits filed by the name of a lead plaintiff, which could be one or more people, on behalf of a group of people that experienced the same type of violation. The defendant in these cases may be a bank, credit union, finance company collection agency, law firm collector, credit bureau, or a business, that, through their business practices violated the consumer's rights.
Class members are the individuals in the class, which can be as few as 40 people, and as many as a million or more. The class is defined by specific parameters, which can vary from case to case. For example, in a class action filed against a debt collector, the class may be defined as those individuals living within a specific geography who received the same violating collection notice during a specific time period.
When a class is certified by the court, either contested by the defendant or upon a class settlement, the class members are sent a notice. Typically the class member will receive a letter or postcard in the mail. In some cases, the class notice may be sent electronically. The class notice describes the nature of the lawsuit and the Court where it is pending. Instructions for choosing to remain in the class or not, or challenging any settlement are detailed in the notice, indicating firm dates for class members to exercise their rights.
Flitter Milz has pursued several matters as class action lawsuits against banks, finance institutions, credit unions and collectors. If you receive a class notice, whether it is for a case where Flitter Milz is class counsel or not, we will be glad to discuss the class notice with you.
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