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Class Action Updates

October 20, 2017

LCD Class Action – Second round of claims process now open. Claims can be submitted online by clicking here for the LCD Claims website until…

October 9, 2017

Distribution and administration protocols have now been approved by the Courts. Class members can make claims for reimbursement starting October 9, 2017 at “Foam for…

August 25, 2017

Did you purchase a Gem Grade Diamond between January 1, 1994 and October 14, 2016? If so, you may be affected by a class action…

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Class Action FAQ

Q. What is a class action?

Generally, a class action is a legal proceeding brought by an individual on behalf of a group of individuals who have been similarly victimized by another party (usually a corporation). The individuals in the group are referred to as class members.  A class action brings together the claims of class members so that the Court can determine in one lawsuit, the common issues shared between members.

Q. What does this mean to me?

If this class action is certified and you are a member of the class, you will be entitled to participate in the Class Action and obtain the benefit of any ruling by the Court on the common issues. You will also benefit from sharing the expenses of pursuing the litigation with other class members.

If the action is successful against any or all of the defendants, you will be entitled to recover damages for any injuries you suffered or property you lost as a result of the accident.

If the action is not successful against any of the defendants, you will not be able to recover damages, yet you will also not be responsible for any of the costs or case expenses associated with the action.

Q. What does opting-out mean or what if I do not want to participate in the class action?

Any class members not wishing to participate must opt out of the class action by completed the Opt Out Form and sending the completed form to CFM. A class member who opts out of the class action is not bound by the results of the class action. Class members who opt out are solely responsible for pursuing their own claims including case expenses.

 

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