Class Action Lawsuit for Former Residents of Sudan & South Sudan
Overview of the Class Action Lawsuit
This article discusses a significant class action lawsuit involving BNP Paribas, S.A. and its U.S. affiliate, BNP Paribas USA. The lawsuit focuses on allegations that the bank knowingly financed the Sudanese government's human rights violations between November 1997 and December 2011. While the defendants have denied these serious allegations, the case has drawn considerable attention and seeks to address the grievances of those who were affected.
Who Qualifies as a Class Member?
If you have obtained refugee or asylum status and lived in either Sudan or South Sudan during the specified time frame, you may be eligible to become a class member. This means you can potentially seek compensation for any injuries or losses suffered during this period due to human rights abuses.
Steps to Take for Compensation
To pursue your claim, it's essential that you indicate your intention by opting into the lawsuit. This process involves completing a questionnaire intended for the attorneys and the court so they can gather necessary details regarding your claims. Depending on the response of the defendants, this may lead to court trials or a potential settlement.
Legal Representation and Support
You do not necessarily need your own attorney to represent you. The court has designated Class Counsel, including Kathryn Lee Boyd of Hecht Partners LLP and Michael Hausfeld of Hausfeld LLP, who are tasked with representing Class Members throughout the trial. Nevertheless, seeking independent legal advice is always a good option if you feel more comfortable.
Seeking Compensation: The Process Explained
To officially take part in the lawsuit and seek compensation, you are required to complete an opt-in form and a questionnaire before the deadline, set for midnight ET on July 1, 2025. The information you provide will be kept confidential, only accessible to involved legal representatives and the Court. It's crucial to note that even if you have previously submitted details to Class Counsel, you still need to complete these forms to be eligible for compensation.
What Are Your Options as a Class Member?
If you are a class member, there are several paths you can choose:
1. Seek Compensation for Your Injuries
To pursue financial compensation for any losses or injuries incurred from November 4, 1997, to December 31, 2011, due to actions by the Sudanese military or related agencies, an opt-in form and questionnaire must be submitted as instructed. Failing to do so by the given deadline disqualifies you from receiving compensation.
2. Request Exclusion from the Class Action
If you prefer to opt-out of the class action, you must submit an opt-out form found at the relevant website by the same deadline. Remember, opting out means you give up your right to any settlement awarded to the class, should one occur.
3. Take No Action
By choosing not to take any action, you automatically remain within the class. However, it's critical to remember that only those who opt in and complete the required questionnaire will be eligible for compensation.
Contact Information for Further Assistance
For any questions or further information related to this class action, you can visit the designated website. You may also reach out to the Class Counsel, Kathryn Lee Boyd or Michael Hausfeld, at the provided contact numbers, where assistance in your native language may be available.
Frequently Asked Questions
What is the purpose of this class action lawsuit?
This class action lawsuit aims to address allegations against BNP Paribas for financing human rights abuses in Sudan from 1997 to 2011, potentially seeking compensation for affected individuals.
Who can join this class action lawsuit?
Individuals who have received asylum or refugee status and lived in Sudan or South Sudan during the specified years may join the class action.
How do I seek compensation through this lawsuit?
To seek compensation, you must opt in by completing a form and questionnaire before the July 1, 2025 deadline.
Do I need my own attorney?
No, class counsel will represent class members throughout the legal process. However, consulting your own attorney is always an option if desired.
What happens if I opt-out?
If you opt-out, you lose your right to any compensation awarded in this case and must pursue any claims separately, potentially with your own legal representation.
About The Author
Contact Thomas Cooper privately here. Or send an email with ATTN: Thomas Cooper as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.