# ClassActionEvent

- [OpenAPI fragment](https://www.lusid.com/docs/api/lusid/schemas/ClassActionEvent.json)
- [Rendered page](https://www.lusid.com/docs/api/lusid/schemas/ClassActionEvent)

Class Action Event (CLSA) — a voluntary corporate action under which security holders
receive cash compensation from a court-approved settlement fund following litigation
against an issuer.

## Referenced schemas

- [CashOfferElection](https://www.lusid.com/docs/api/lusid/schemas/CashOfferElection.txt)
- [LapseElection](https://www.lusid.com/docs/api/lusid/schemas/LapseElection.txt)

## Used by schemas

- [InstrumentEvent](https://www.lusid.com/docs/api/lusid/schemas/InstrumentEvent.txt)

[< Schemas](https://www.lusid.com/docs/api/lusid/schemas/llms.txt)