For the sued, coming to such a settlement does it mean the end of the issue?
Can such a record be used against the sued in a class action suit at a later date?
Can the terms of such previous settlement/s, be revealed in such a suit?
Most settlements are agreed upon compromises in which the parties agree to end the litigation or claim without admitting fault. Settlement agreements can be confidential and should be worded in such a way as to make clear all rights being settled or waived. Usually they dispose of all rights to sue over the same subject matter in the future. An experienced attorney should draft or review the agreement and advise you about the consequences of the language used in the agreement.
The short answer is no. A settlement is an agreement by the parties to amicably resolve the dispute at hand. Usually in doing so, the parties agree that either is without any kind of blame, i.e. "settlement without admitting liability."
If you achieve a settlement, there is no finding that any party engaged in any kind of wrongdoing.
In a settlement, you would typically waive any claims against the other party...that is, you can't turn around and sue that party later for the same reasons or for a cause of action arising from the same subject or circumstances which brought about the settlement. In reaching a settlement, you're giving up your present and future rights to sue. Most settlement agreements contain a release clause which emphasizes this.
Also, settlements are typically confidential. Thus, you cannot use them in in later lawsuits.
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