Benefits of Class Action Lawsuits

Class action lawsuitsThe lawyers at SFMS discuss the benefits of class action lawsuits. are useful for groups of individuals who have suffered a loss due to a company’s harmful actions. By banding together instead of pursuing separate lawsuits, individuals who have suffered harm can consolidate their efforts and increase their chances of success. There are several significant benefits to class actions, compared to what plaintiffs might achieve alone. Although not every case is a good fit for class action, it is an option to consider if the case meets certain criteria.

To be eligible for a class action lawsuit, there must be a large enough group to form a “class,” or a group of people seeking redress for a similar issue. The members of the class must share some commonality; the facts of their claims do not have to be the same but must be similar enough that a ruling in one case can correctly be applied to the others. Class action lawsuits are common in certain areas, such as consumer protection, defective products, securities or investment fraud, toxic exposure, or employment discrimination, in which large groups of people may have been subjected to the same unfair or unlawful treatment.

Class Actions Can Save Time and Money

A class action lawsuit uses fewer resources than individual lawsuits, on both the plaintiffs and the courts. There are usually one or two named plaintiffs in a case that bring a lawsuit on behalf of the whole class. These plaintiffs must have a claim that adequately represents the interests of the whole group, as the suit will be argued based on their circumstances. A judge and jury do not need to spend time listening to each plaintiff explain their claim, and each plaintiff does not need to hire their own representation.

Class actions can achieve a much better outcome for plaintiffs seeking damages in small amounts. A lawsuit over a hidden $100 fee is not worth the legal fees the plaintiff would incur and most likely will not be taken seriously by the company that charged it. If enough consumers come together, however, the company could be facing a multimillion-dollar lawsuit. A class action also ensures that the plaintiffs are all compensated equitably; whereas individual lawsuits could have vastly different results.

Lawyers at Shepherd, Finkelman, Miller & Shah, LLP Help Clients Obtain Compensation Through Collective Litigation

A class action lawsuit can be an enormous undertaking and requires an experienced legal team. The lawyers at Shepherd, Finkelman, Miller & Shah, LLP have successfully represented classes of all sizes in a wide range of collective litigation cases. We will give your case the attention it deserves to help you obtain the best possible outcome. Call us today at 877-891-9880 or contact us online to discuss your case. With office locations in New Jersey, Pennsylvania, New York, Connecticut, Florida, and California, we proudly serve clients from all over the country.