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Court approves NCAA's settlement with ex-athletes
Legal Business |
2008/08/08 03:29
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| A federal court has approved the settlement between the NCAA and 12,000 former student-athletes seeking reimbursements for educational expenses, resume preparation and career counseling. NCAA officials announced Thursday that the U.S. district court in Los Angeles had approved the proposal Tuesday. As part of the deal, the NCAA will create a $10 million fund for former student-athletes, thousands of whom joined in the class-action lawsuit. Those students, who attended school between Feb. 17, 2002 and Aug. 4, 2008, have three years to file claims with the NCAA. As part of the deal, the NCAA denied it any wrongdoing in the case and said it agreed to settle to avoid additional expenses. |
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Class action or a representative action is a form of lawsuit in which a large group of people collectively bring a claim to court and/or in which a class of defendants is being sued. This form of collective lawsuit originated in the United States and is still predominantly a U.S. phenomenon, at least the U.S. variant of it. In the United States federal courts, class actions are governed by Federal Rules of Civil Procedure Rule. Since 1938, many states have adopted rules similar to the FRCP. However, some states like California have civil procedure systems which deviate significantly from the federal rules; the California Codes provide for four separate types of class actions. As a result, there are two separate treatises devoted solely to the complex topic of California class actions. Some states, such as Virginia, do not provide for any class actions, while others, such as New York, limit the types of claims that may be brought as class actions. They can construct your law firm a brand new website and help you redesign your existing law firm site to secure your place in the internet. |
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