What is a Class Action?
And Why Am I Hearing About Them?
A class action is a type of lawsuit filed by an individual or a group, either personally or through a business, representing a larger group of people (or businesses) known as the “class”. Each individual in the class is referred to as a "class member" and shares a similar claim or grievance from a common issue such as harm caused by a defective product, unfair business practices, or other types of wrongdoing.
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How Does it Work?
The class representatives, or “lead plaintiffs”, are that smaller group of individuals that file the lawsuit on behalf of the entire group. The court then determines whether the case can proceed as a class action, considering factors such as the 1) size of the class, 2) common legal issues, and 3) whether it's more efficient to resolve the claims collectively or through numerous individual lawsuits.
What's the Goal?
A lead plaintiff’s aim is to secure compensation for this substantial group that faced similar harm. Class actions often provide an avenue for individuals with smaller claims that normally would be difficult to pursue on their own by banding together to seek justice collectively.
Successful class actions can result in settlements or court judgments providing:
1) Compensation
2) Remedies, or
3) Changes in behavior by the defendant to benefit the entire class.
In the end, class actions play a vital role in addressing widespread injustices, consumer rights violations, corporate misconduct, and other legal issues affecting a large group of individuals.
Well, Now What?
Take the next step and exercise this powerful legal tool yourself. Check out out our growing list of settlement recovery opportunities!
