A class action, also called a class action lawsuit or representative action, is a legal case where a group of people with similar complaints can together sue a defendant or several defendants. This includes cases involving businesses that cut corners, negligent operations, or deliberately misleading individuals and stakeholders via misinformation. Some of these cases also result in jail time. But, the focus is on financial compensation meant to help those who have been harmed.
Civil litigation plays an important role in the justice system. Without it, many injured individuals would have no way to recover the costs of medical care, lost wages, or the personal impact of their injuries. These lawsuits also serve a broader purpose. They provide a way for the public to push for changes in how companies and industries behave.
In this gallery, we look at 15 of the most expensive settlements in the world. Curious to know which settlements make the list? Click to find out!
All figures in USD.