Topical Terminology  

       

Topical Terminology > Opt - Out



1 Definition

Opt - Out

For Opt - Out we have a term and definition in Class Action.



Opt - Out (Class Action)

The act by which a class member elects to exclude himself from a class proceeding. This action has generally has the effect of not binding the class member to any judgment in the case. It also has the effect of excluding a class member from being able to participate in any settlement or favorable judgment.




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