Good question it is importantly because If no one knew then it would be chaos
In the case of Smith v Fifth Third Bank, regarding the <em><u>class action </u></em><em><u>lawsuit </u></em>settlement reached by the parties involved, we can confirm the settlement payment is that of 5.2 million dollars.
The case of Smith v Fifth Third Bank was a <u>class action </u><u>lawsuit</u>. A class-action suit is one in which the lawsuit is a collection of suits filed by <u>many parties, which are tried as a single case, and the parties in question are represented by </u><u>one member </u><u>or group of </u><u>members</u>.
In the case mentioned the lawsuit resulted in a settlement. This is when the party being sued <u>agrees to a payout in return for the charges being dropped. </u>It is said that the Bank in question created a settlement fund to pay the members involved, which held a total of 5.2 million dollars to be paid to the victims.
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Answer:
Landmark cases are those that have had a long-term impact on how a law is applied, often involving your personal rights and liberties. A landmark case is a court case that has been researched for its historical and legal significance because it is significant to the country's history. Importance: The Brown decision is heralded as a landmark decision in Supreme Court history, overturning Plessy v. Ferguson (1896) which had created the "separate but equal" doctrine.
