6 Things To Know About Class-Action Lawsuits

Settlements from class-action lawsuits may be worth millions, but your share — not so much.

class action and related words
(Image credit: Getty Images)

A class-action lawsuit is a civil lawsuit brought on behalf of a group of people or business entities who have suffered common injuries as a result of the defendants’ conduct. 

There are many cases and issues that can be brought as class-action lawsuits. Often, class actions fall into one of the following categories: securities, product liability, personal injury, employment and consumer causes of action. 

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Kaitlin Pitsker
Associate Editor, Kiplinger's Personal Finance
Pitsker joined Kiplinger in the summer of 2012. Previously, she interned at the Post-Standard newspaper in Syracuse, N.Y., and with Chronogram magazine in Kingston, N.Y. She holds a BS in magazine journalism from Syracuse University's S.I. Newhouse School of Public Communications.