← Class Action Terms

What is Claims-made Settlement?

Class action glossary term

Short Definition

A settlement where class members must submit a claim to receive money or benefits.

What It Means

Claims-made settlements are common when the defendant doesn’t have reliable records of who bought a product or used a service. The settlement sets eligibility rules, proof requirements (if any), and a deadline. After the deadline, the administrator reviews claims and pays approved ones.

Example

Example: A retail product settlement where buyers file online claims because the company can’t identify all purchasers.

Why It Matters

If you miss the claim deadline, you usually get nothing—even if you were eligible.

Related Terms

Claim form
Claim deadline
Proof of purchase
Settlement administrator

Primary Source

Duke Law – Judicature (claims-made class action settlements)

Transparency

This class action term is explained for general informational purposes only and does not constitute legal advice. Definitions and applications may vary by jurisdiction and case context.

To see how this term is applied in real cases, explore current and past class action settlements.

The Class Action Lawsuit
Company
Settlements
Legal
© TheClassActionLawsuit 2026