Can You Get Free Money from Class Action Lawsuits

Categories » Free Money, Legal Matters

Most people don’t remember the days of non-Internet past, but it used to be that you had to file extensive paperwork just to join a class action lawsuit. Nowadays, you just have to sign online. In fact, there are nearly 50 class action lawsuits currently available for participation, and with easy online sign-up, you could eventually receive a check in the mail for joining one of these lawsuits. Is it possible to be a millionaire with free money from class action lawsuits? Probably not, but you can get a few hundred dollars for joining the right class action lawsuits.

How to Find Current Class Action Lawsuits

Multiple sites online provide lists of current class action lawsuits. The most popular one is TopClassActions.com, which provides names, dates, descriptions and links for all current class action lawsuits. You’ll find big brand names, smaller brands, designers, auto manufacturers, airlines, credit card companies and basically any company or business that has sold bad merchandise, discriminated against employees, falsely advertised or done something equally against the law.

How Much Can You Get from Class Action Lawsuits

Companies settle on various amounts that typically range from $1 to $200 or they may provide merchandise coupons and vouchers to class action members. However, it’s likely that you won’t qualify for all class action lawsuits. There are multiple lawsuits that have less stringent policies on who can join while other lawsuits may require receipts, proof of purchase and other evidence to show you are entitled to a piece of the settlement. Some of the class action lawsuits listed don’t provide a monetary benefit. Instead, it’s just a notification that the company is being sued and will remove false advertising or misrepresented labeling.

How to Join a Class Action Lawsuit

Once you find some class action lawsuits that you are eligible for, you should go to the specific class action lawsuit set up for members. Typically these are created by the law firm involved with the lawsuit. Before submitting any information to the site, you should check to make sure that the site is legitimate. You can speak to the law firm in charge of the lawsuit about the URL or look at reviews online. There have been some scams claiming to be a class action site, but they were actually just out to take your personal information as a scam. Legitimate class action websites typically have a description of the lawsuit and products or services in question. A disclaimer or privacy policy may also be included at the bottom of the page. The site should also reference the deadline to submit a claim.

Claim forms online are simple to fill out in most cases. You’ll need to provide your first name, last name, street address, city, state, zip code, daytime phone number and email address. You also will likely have to provide information on the merchandise you purchased, service you bought or products that you used from the company involved in the lawsuit. Most of these lawsuits do not require any evidence, but for those that do, you may need to upload scans of receipts, tags or other proof. In addition, your information may be checked against a database, such as in the case of a credit card company involved in a lawsuit. If you weren’t a customer during the period specified to qualify for the lawsuit, you may not be eligible to receive a settlement.

When Will You Receive Your Class Action Check

It’s unclear when you will receive any communication or a check from a settlement. It could take one year to over five years. For example, people involved in the diamond monopoly De Beers settlement from 2008 only started receiving their checks in 2013. The best way to stay updated is to regularly visit the site set up for the settlement or contact the law firm involved with the class action.

While you may not be a millionaire after joining the Domino’s Pizza class action, you can earn some money or benefits from most class actions.

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