Frequently Asked Questions

A Class Action Recovery is the amount your company receives from a claim it has filed in a Class Action Settlement.  Class Action Settlements are the result of litigation, that typically occurs in a federal court.  Class Action Settlements may address claims of price fixing, labor disputes, data breaches, violations of the telephone consumer protection act, product liability, securities and financial instruments, and more.  The Recovery is the amount of the settlement to which a claimant may be entitled.  The recovery can be a fixed amount per item or per service, or in some cases, a pro-rated amount of the overall fund based upon the total purchased amounts of a good or service.  This pro-rata distribution can be based on the total amount of items one has claimed, or, the total amount one has spent on the contested product or service.  Class Action Settlement House works with you to maximize the recovery you might obtain from a settlement.  

Class Action Settlement House finds, collects and returns funds that may have been left unclaimed by your company from settlements and other available legal avenues. Class Action Settlement House does all the paperwork for you, performing a variety of claim filing steps to ensure accuracy and compliance with the requirements of the governing body, such as a Claims Administrator.  It analyzes settlement agreements, notices, and other court documents in search of those items that may provide information leading to the maximum financial benefit to its clients.  Class Action Settlement House has been known to use out-of-the-box thinking to harness the power of its clients data, file cabinets and past purchase histories; and deploys its own version of data history forensics to fill in any data gaps.

Class Action Settlement House finds the cases on the dockets of Federal, State and local Courts; and occasionally from a legal action that may have been waged by the FTC (Federal Trade Commission).

A Claims Administrator is a neutral entity appointed by the court to manage the claims process from start to finish.  Their duties are vast and include informing potential class members of their eligibility; establishing and managing a settlement website; receiving, processing, and confirming information provided by claimants in their respective claims; determining the amounts of awards; distributing payments; and other financial duties regarding accounting, taxes and reports.

No.  Class Action Settlement House is not a claims administrator.  Class Action Settlement House is a 3rd party settlement recovery company with 12 years of experience in filing claims on behalf of eligible businesses.  Class Action Settlement House often coordinates with Claims Administrators to assess what the burdens of proof may be, including the types of supporting documentation that may be required.  After reviewing a clients supporting documentation, Class Action Settlement House often highlights and annotates key areas in the documents to assist a claims administrator in expediting the review of a client's claim.  Highlighting and annotation can make the difference in a document being accepted to support a claim and it being rejected because the reviewer could not locate the information.

Supporting Documentation can come in the form of invoices, contracts, financial statements, order histories, correspondence from vendors, serial numbers, and so on.  If you keep accessible records, there is a good chance that you will be able to maximize your return when filing a claim.

Defendant Data is information supplied by the Defendants in a settlement.  It may include years of pertinent information such as costs, amounts paid for goods, amounts paid for services, quantity of items purchased, number of months of services purchased etc.  Many settlements utilize defendant data to determine the amounts of qualifying purchases that a claimant may have made.  Defendant data may however be inaccurate.  Once your company is a client, Class Action Settlement House will work with you to verify defendant data.   If your company would like to claim amounts greater than those found in the defendant data presented, Class Action Settlement House can navigate the process involved in upgrading your claim's value.  Class Action Settlement House will provide guidance as to what forms of supporting documentation may be required to qualify purchases that are greater than those represented in the defendant data.  Class Action Settlement House packages this new information and submits your data challenge.

Distribution times from a settlement claim can vary from as few as 6 months, to as long as 7 years or more.  On average, we find that claimants may get paid between 18 and 24 months of the claim filing deadline.  

Class Action Settlement House charges a percentage of the recovery.  The percentage is typically 15% or lower based upon several factors including data collection, supporting documentation collection, the workload to annotate and highlight relevant data in the documentation, interaction time with the claims administrator, and the overall preparation time required to file a complete claim.  Additional time may be spent answering audits; where supporting documentation may be requested by the Claims Administrator.  Class Action Settlement House does not charge fees for any hours devoted to correspondence or phone calls with the Claims Administrator and/or with Class Counsel.  Additionally, time spent on analysis and annotation of supporting documentation, overnight costs incurred from Fedex, UPS, or the U.S. Mail are all included within the contingency fee.  Other firms charge between 20% and 33% for the same services.  Class Action Settlement House realizes that the service has value, but the value should be commensurate with the hours of labor and the carrying costs that a third party recovery firm incurs until the date of distribution.  Sacrificing 1/3 of your recovery is simply not necessary.

At times Class Action Settlement House files claims for over 1,000 claimants in a single settlement.  To expedite payment, Claims Administrators often send funds via wire directly to us, at which point Class Action Settlement House writes checks individually to each of its clients, less its contingency fee.  Checks typically go out within 30 days of receipt of funds.  Clients may also request a wire transfer for a $29 wire fee (approximately) for expedited service; we charge what the bank charges for the wire fee.

Class Action Settlement House is used by companies in the S&P 500 as well as those businesses that involve a single rooftop, and everything in between.   We work with CEOs, CFOs, General Counsels, Comptrollers & Controllers, Supply Chain Managers, Finance People and Business Owners large and small.  We take workload off of your desk and spread it out across our team members, asking you for only those pieces we need to file a successful and robust claim.  We offer single claim contracts and, very soon, we will be offering annual Full Service Contracts to handle all of your business' claims.  Full Service Contracts will provide with a team of our professionals to handle your settlement claims, as well as claims for funds unclaimed in state and federal treasury lockboxes, all year long for one low flat price.