CLASS ACTION SETTLEMENT CLAIMS Clause Samples

The "Class Action Settlement Claims" clause defines the procedures and requirements for members of a class to submit claims for compensation or benefits as part of a class action settlement. Typically, this clause outlines who is eligible to file a claim, the deadlines for submission, and the documentation or information required to process the claim. For example, it may specify that class members must complete a claim form and provide proof of purchase or other relevant evidence. The core function of this clause is to ensure an orderly and fair process for distributing settlement funds or benefits among eligible class members, thereby resolving claims efficiently and preventing future litigation on the same issues.
CLASS ACTION SETTLEMENT CLAIMS. The Adviser will not file a class action settlement claim involving a security held in Client’s account on behalf of Client.
CLASS ACTION SETTLEMENT CLAIMS. The Adviser will not file a class action settlement claim involving a security held in Client’s account on behalf of Client. Nothing in this Agreement may be interpreted to limit or modify the investment adviser’s fiduciary duties to its clients and nothing in this Agreement shall be deemed a waiver of any right or remedy that a client may have under federal or state securities laws. Federal and state securities laws impose liabilities under certain circumstances on persons who act in good faith.
CLASS ACTION SETTLEMENT CLAIMS. The Planner will not file a class action settlement claim involving a security held in Client’s account on behalf of Client.
CLASS ACTION SETTLEMENT CLAIMS. The Advisor will not file class action settlement claims on your behalf.