While the result obtained ultimately depends on the strength of the case, it is a myth that class actions do not produce substantial returns for claimants. For instance, settlements in In re American Continental/Lincoln Savings & Loan Securities Litigation yielded approximately $250 million, over eighty percent of total damages of $288 million. More recently, Waste Management, Inc. shareholders recovered $220 million, while Informix shareholders won a settlement in excess of $100 million. Strong cases can and do yield strong recoveries.
Speak to an Experienced Class Action Lawsuit Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified class actionsuit lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local class actionsuit attorney to discuss your specific legal situation.