What is a class action lawsuit?
By: LawInfo
A class action is a case brought against a company whose actions have damaged many people in a similar way. If the case results in a successful recovery, either through settlement or trial, all class members receive their portion of the amount paid by the wrongdoers.
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Additional Class Action Lawsuits FAQs
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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 -
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How Are Individuals Benefited By Class Actions?
A: 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 … More -
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What types of lawsuits end up as class actions?
A: There are many types: shareholder class actions, consumer class actions, class actions for employment discrimination and the like. Any time large groups of people (or … 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 -
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What legal remedies are available for successful class actions?
A: Most class actions are filed for compensatory (money) damages. Class actions may also be filed to resolve disputes over a "limited fund," where the money … More -
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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 -
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Can consumers bring class actions relating to products or services?
A: Absolutely. There have been many successful class actions brought by consumers. Signs of consumer fraud include: Misrepresentations regarding a product or a service. … More -
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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 -
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How many people are needed to bring a class action?
A: A single person who has been injured may bring a class action on behalf of everyone who has been harmed. It is common, however, after the action has been started for … More -
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How is a class member informed of his or her rights?
A: If the court allows a case to proceed as a class action, the court authorizes a notice to be sent to class members informing them of their rights. The court will order … More

