What does Putative Class Action mean? Read on to discover the definition & meaning of the term Putative Class Action - to help you better understand the language used in insurance policies.
Putative Class Action
A lawsuit brought by one or more named plaintiffs on behalf of a potential group of similarly situated individuals (known as a class) who allegedly suffered a common claim. Lawsuits do not become class actions until an actual class has been certified by the court. Therefore, a putative class action means the class has not yet been certified by the court. If the court certifies the class, the lawsuit becomes a class action.
We hope the you have a better understanding of the meaning of Putative Class Action.