Settlement FAQs

is settlement legit

by Dr. Candida Schinner II Published 3 years ago Updated 2 years ago
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Full Answer

Is ‘Plaid settlement’ email a scam or legit?

In early January 2022, Google users looked to find out if an email for a class action settlement for Plaid Inc. was a “scam or legit,” as readers often do after receiving such notices. The email linked to the website, PlaidSettlement.com. This was a legitimate notice for a real class action settlement for Plaid Inc.

Is a payment card settlement class action lawsuit legit?

If you received a notice of a class action lawsuit claiming you may be affected by a payment card settlement, you’re probably wondering if it’s legitimate. It is, but there are some important things to know.

Is this plaidsettlement notice a real class action settlement?

The email linked to the website, PlaidSettlement.com. This was a legitimate notice for a real class action settlement for Plaid Inc. The case number was listed as 4:20-md-03056 in the United States District Court for the Northern District of California. What’s This About?

Is the Blue Cross Blue Shield settlement legitimate?

Did you stop to wonder if it's legitimate? It is, but it’s not any kind of windfall to get too excited about. The proposed settlement resolves claims that Blue Cross Blue Shield companies conspired to limit competition, in turn boosting costs for policyholders. A judge still needs to approve the settlement.

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How do you know if a settlement is real?

How To Spot a Fake CheckMake sure the check is issued by a legitimate bank and doesn't have a fake bank name. ... Look for check security features, such as microprinting on the signature line, a security screen on the back of the check, and the words “original document” on the back of the check.More items...

Is the Facebook settlement real?

Answer: Yes. The Facebook lawsuit email sent to us by a viewer is real. There is a class action suit that claims Facebook violated privacy and wiretap laws by tracking users even after they logged out of the platform. A settlement has been reached between Defendant Meta Platforms, Inc., formerly Facebook, Inc.

How much is the FB settlement?

It isn't yet clear how many class members there will be or how much each individual will receive. In 2021, Facebook agreed to a $650 million settlement to a suit that alleged it broke Illinois' biometric laws by collecting and storing users' physical characteristics without their consent.

Is it worth it to join a class action settlement?

In most cases, it is a good idea to join the class action if you believe you suffered injuries or financial losses caused by the defendant. We do recommend you give us a call and discuss your situation with one of our class action lawsuit attorneys before you make a decision, however.

How do I know if Im getting a Facebook settlement check?

If you are still not sure whether you are included, you can get free help on this website or by calling the Settlement Administrator at 1-844-799-2417. Please do not contact the Court or Facebook. Facebook will pay $650 million to settle this case.

Can I still claim Facebook settlement?

Yes. The deadline to submit a claim is 11:59 p.m. on Sept. 22, 2022.

How do I get 400 on Facebook?

You must have filed a claim form by November 23, 2020 to receive a payout. If you do not remember whether you filed, or if you think there has been a mistake, you can contact one of the following: Settlement Administrator: 1-844-799-2417. Edelson PC, lawyer appointment to the case: 1-866-354-3015.

Is there a Facebook class action lawsuit?

Facebook, Inc. has settled a class action that claimed Facebook collected and stored the biometric data of Facebook users in Illinois without the proper notice and consent in violation of Illinois law as part of its “Tag Suggestions” feature and other features involving facial recognition technology.

What is snap settlement?

Snap, the parent company of Snapchat, has reached a $35 million settlement in a class action lawsuit in Illinois. The suit alleges that Snapchat's filters and lenses violated Illinois' Biometric Information Privacy Act (BIPA), which is a powerful state measure that has tripped up tech companies in recent years.

Is there a downside to joining class action lawsuit?

The risk of a class-action lawsuit is that if you lose, you will not receive any compensation for your injuries. If you win, however, you will receive a financial or other non-monetary award.

How much can you expect from a class action lawsuit?

A class action usually ends in a settlement as opposed to going to trial. Settlements in recent years have averaged $56.5 million.

What are the disadvantages of joining a class action lawsuit?

Some of the common disadvantages of class action lawsuits include: Lack of decision making control. Class action lawsuits are, by definition, representative rather than group litigation. That means that representatives of the affected class make the important litigation decisions – including when to settle.

Is the Illinois Facebook settlement real?

Facebook, Inc. has settled a class action that claimed Facebook collected and stored the biometric data of Facebook users in Illinois without the proper notice and consent in violation of Illinois law as part of its “Tag Suggestions” feature and other features involving facial recognition technology.

How can I get $400 on Facebook?

You must have filed a claim form by November 23, 2020 to receive a payout. If you do not remember whether you filed, or if you think there has been a mistake, you can contact one of the following: Settlement Administrator: 1-844-799-2417. Edelson PC, lawyer appointment to the case: 1-866-354-3015.

Why are people getting checks from Facebook?

Here's how you may get one. The free money from Facebook comes from a law in Illinois that is called the Biometric Privacy Act, which basically prevents companies from selling, storing, or collecting biometric data such as fingerprints or face scanning without obtaining consent from the user.

What is happening with the Facebook lawsuit in Illinois?

Some Facebook users are receiving $397 checks over data privacy violations—and these tech companies could be next. This month, 1.4 million Illinois residents received checks up to $397, thanks to a class action lawsuit settled against Facebook.

FTC and TRS Rulings That Changed the Debt Relief Industry

In 2010, the FTC amended the Telemarketing Sales Rule (TRS) to specifically address deceptive practices used by some unethical companies in the debt relief industry. The ruling was more encompassing and included oversight of the debt settlement industry.

CFPB Oversight

The CFPB not only provides oversight for the debt relief services industry, but also compiles data that agencies and consumers can access. A recent study released in 2020 by the CFPB discusses the following:

State and Federal Regulations for Debt Settlement

Protections at the federal level include oversight from the CFPB and FTC, through the rules set forth in the Revised Telemarketing Sales Rule (TSR).

Options for Consumers Seeking Debt Relief

Consumers in need of debt relief have three primary options to reduce their debt: credit counseling, debt settlement, or bankruptcy.

Final Thoughts

Consumers earning too much to qualify for bankruptcy liquidation, but too little to meet the required payoff schedule in a credit counseling program can enroll in a debt settlement program and find relief from high interest credit card debt.

How Much Can I Get from the Settlement?

Those who submit valid claims are eligible to receive a cash payment from the approximately $1.9 billion net settlement fund. The amount of the payment will depend on, among other factors, the amount of premiums or administrative fees you paid and the number of valid claims that are filed.

Who Is Covered by the Settlement?

The settlement covers individuals and insured groups (and their employees) who purchased or were enrolled in a Blue Cross or Blue Shield health insurance or administrative services plan between February 7, 2008 and October 16, 2020.

What is the Blue Cross Blue Shield case?

The case was filed by a group of individuals and companies who purchased or received health insurance from a Blue Cross Blue Shield company and claim that the defendants—Blue Cross Blue Shield Association and a slew of individual Blue plans—agreed not to compete with each other in selling health insurance and administrative services. According to the lawsuit, the defendants’ alleged anticompetitive conduct caused subscribers and enrollees to pay more for insurance or administrative services than they otherwise would have paid.

What is classaction.org?

ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry.

How much is the net settlement fund?

Those who submit valid claims are eligible to receive a cash payment from the approximately $1.9 billion net settlement fund. The amount of the payment will depend on, among other factors, the amount of premiums or administrative fees you paid and the number of valid claims that are filed.

Is the Blue Cross Blue Shield settlement a scam?

First off, the settlement is not a scam. It’s the result of a class action antitrust lawsuit called In re: Blue Cross Blue Shield Antitrust Litigation MDL 2406 and you can find the court-approved website for it here.

Who is eligible to get money from the settlement?

Business owners that accepted Visa and/or Mastercard at any point between 2004 and 2019 are eligible to file a claim.

What is the settlement for Visa?

What is the Payment Card Settlement? The settlement is the result of a class action lawsuit against Visa and Mastercard. Under its terms, Visa and Mastercard will pay between $5.54 and $6.24 billion dollars to businesses that accepted Visa and Mastercard between 2004 and 2019. By settling, the lawsuit will not go to trial.

Why was Visa sued?

Visa and Mastercard were sued for allegedly violating antitrust laws. That is, they were accused of putting rules into place that would prevent competition or incentive to lower interchange rates. The lawsuit claims that if Visa and Mastercard had not engaged in that behavior, businesses would have paid lower interchange fees.

Will a lawsuit go to trial?

By settling, the lawsuit will not go to trial. Instead, all parties agree to Visa and Mastercard paying the amounts listed above to affected businesses. The Court will weigh in on whether the settlement is fair and reasonable.

What is the proposed settlement for Blue Cross Blue Shield?

The proposed settlement resolves claims that Blue Cross Blue Shield companies conspired to limit competition, in turn boosting costs for policyholders.

How long does it take to fill out a claim form?

Filling out the claim form takes only a few minutes. You will need your insurance subscriber information.

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Is The Settlement Legit?

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First off, the settlement is not a scam. It’s the result of a class action antitrust lawsuit called In re: Blue Cross Blue Shield Antitrust Litigation MDL 2406 and you can find the court-approved website for it here. The case was filed by a group of individuals and companies who purchased or received health insurance from a Bl…
See more on classaction.org

How Much Can I Get from The Settlement?

  • Those who submit valid claims are eligible to receive a cash payment from the approximately $1.9 billion net settlement fund. The amount of the payment will depend on, among other factors, the amount of premiums or administrative fees you paid and the number of valid claims that are filed. Payments will not be sent out until the settlement receives final approval and any appeals are re…
See more on classaction.org

Who Is Covered by The Settlement?

  • The settlement covers individuals and insured groups (and their employees) who purchased or were enrolled in a Blue Cross or Blue Shield health insurance or administrative services plan between February 7, 2008 and October 16, 2020. The settlement also covers self-funded accounts (and their employees) who purchased or were enrolled in a Blue Cross or Blue Shield …
See more on classaction.org

How Do I File A Claim?

  • The easiest way to file a claim is to use the online portal on the settlement website, found here. You’ll need your unique ID from the email or postcard you received. (If you don’t have a unique ID, you can still file a claim using the same portal.) You can also download a copy of the claim form, found here, and mail it to the below address: All claim forms must be submitted online or postma…
See more on classaction.org

Where Can I Find More Information?

  • For more information, check out the settlement website, particularly the FAQ section. If you still can’t find what you’re looking for, you can reach out to the settlement administrator at [email protected] or call toll-free at (888) 681-1142. If you’re interested in getting class action news and updates, including information about settlements, sent straight to your inbox, si…
See more on classaction.org

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