Unclaimed Property Blog

In September of last year, it was announced that some residents of the state of Ohio were set to receive $9.5 million in unclaimed class action funds. The judge ruled in the residents’ favor, because Ohio had been doing something that other states had been doing for years; but just because other states are doing it doesn’t make it right. Let’s delve into what the state of Ohio was doing that was so bad in order to facilitate a better understanding of unclaimed class action funds.

Unclaimed Class Action Funds – You May Be Owed Money

Class action lawsuits happen all the time. The video chain Blockbuster (when they were still in business) had a famous class action suit where they were sued over extravagant late fees. Drug companies often get sued for not reporting severe side effects, and businesses get sued all the time en masse by their employees for exhibiting unfair hiring and employment practices. All of these class action lawsuits typically result in millions of dollars going to a dozen, a hundred or a thousand or more people. With all of this money to contend with, you know that some of it gets lost. To search for some of this unclaimed class action money, you only need a name and an online connection.

Good and bad news was announced today regarding unclaimed money. Local Ohio government officials announced unclaimed class action money will be donated to charity this upcoming holiday season. While this is great for charity, much of this money is your rightfully owed money.

Recently, the government has been urging the citizens of all states to come forward and claim their unclaimed money. Before YOUR unclaimed class action money is donated to charity, find out if you are owed any, and claim it today!