|
The Class Action Lawsuit might be comparable to the club in the
hand of David who is about to slay the Goliath, or in this case
a giant corporation.
The Class Action Lawsuit might be comparable to the club in the
hand of David who is about to slay the Goliath, or in this case
a giant corporation.
Maybe "slay" is to strong a word. In any event, the class
action lawsuit is an effective tool, (when wielded by an
experienced professional), which can give a big company plenty
of headaches.
To begin, let's define exactly what a class action lawsuit is
and what it accomplishes.
VIn theory, the class action device is a practical way for a
similarly situated group of people to band together with the
common objective of getting compensated for some sort of
injury. It may be a bodily injury, but in most cases it is
financial injury.
VThe attractive element in a class action suit is that it
enables an individual or small group of people, (who
individually may have suffered little), to bring to light a
gigantic aggregate loss.
One of the significant problems the "class action" solves is
the prohibitive cost of an individual bearing the expense of
bringing the case to light on his own behalf.
An individual is understandably deterred from pursuing a claim
by the cost of the suit, when compared to their expected
recovery. However in a class action situation the costs of
litigation are born by the lawyers for the plaintiffs. In
nearly all cases the unsuccessful defendants are compelled to
compensate the lawyers.
Here are some typical scenarios in which plaintiffs might begin
a Class Action.
The employees of a company may have suffered from continual
racial, age or sex discrimination.
A company might be responsible for contaminating an entire
neighborhood with toxic chemicals or other environmentally
unsafe pollutants.
A pharmaceutical company distributed drugs that were found to
be dangerous or had undisclosed side effects that injured a
number of people.
A manufacturer caused inherently unsafe or defective products
to reach the consumer and cause injury.
Consumers who are forced to pay inflated prices or were
illegally and unfairly charged unauthorized fees.
Investors that were victimized by deceptive practices in
connection with the purchase of stocks, and other securities
may have a claim.
The essence and areas of argument can vary tremendously in any
particular case. However, two variables exist in every class
action. They are, the circumstances and grievances are similar
or common to all members and the shear number of plaintiffs
makes it impossible to bring the cases individually before the
court.
If any of the scenarios above apply to your circumstance or if
you are unsure if your case qualifies as a class action, you
should contact a reputable Class Action Law Firm.
About The Author: Tony Merlino is webmaster and legal marketing
consultant for http://www.JerseyJustice.com "Fighting To
Preserve The Rights Of People In New Jersey" More "Class
Action" information at
http://www.jerseyjustice.com/public/department30.cfm |