How Are Individuals Benefited By Class Actions?

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The major advantage of bringing a class action is the more powerful litigation posture for the class representative. Because of the greatly expanded exposure to liability for class damages (damages to potentially hundreds or thousands of individuals), as opposed to the damages suffered by a single litigant, a defendant is much more likely to treat the litigation seriously from the standpoint of defense or settlement than would likely be the case in an individual litigation.

Other Class Actions FAQs

Q: What Is A Class Action?
A: Class actions are representative lawsuits on behalf of groups of similarly situated persons. Class action law suits are a nontraditional litigation procedure that … More
Q: What Types Of Claims Are Brought In Securities Class Actions?
A: Claims brought in securities class actions generally challenge allegedly material false and misleading statements made by publicly traded companies and/or their … More
Q: Who Brings Class Actions?
A: Anyone who has been harmed or injured by a particular person or entity in violation of a law and who generally has claims which are typical of other similarly situated … More
Q: Do I Have To Own Stock In The Company To Benefit From A Class Action?
A: Under federal or state securities laws you would have had to purchase stock within a specified period of time. This does not mean that would have to own the stock at … More