Most of us never think about being part of a class action lawsuit. However, if you’ve been harmed by something that has also affected many others, it could be that a class action suit is a way to receive compensation. Here are a few facts about class action lawsuits to better understand what’s involved.
What is a Class Action Suit?
A class action lawsuit is when one person, or a small group of people, files suit against a large corporation on behalf of a large group of people. While an individual might have a hard time winning a suit against the deep pockets of a big business, when a large group has been harmed, filing as a class action suit can be more successful. Often, when the court sees the volume of people affected, they can agree that harm has been done to all. The defendants in class action suits can range from insurance companies, the mortgage industry, banking facilities, auto manufacturers, pharmaceutical companies and other corporations.
By joining together as a group, the plaintiffs have the advantage of the power of numbers. In addition, class action suits save time for the court system and cost less than suing individually. Another advantage of being part of a class action suit is it can allow you to collect on damages that may be too small for individual cases. For example, if a bank charges predatory and illegal fees of less than $100 per customer, it isn’t practical for one person to sue for $100; but if the class action has 100,000 members, it becomes a suit with $10 million. In addition, all the costs, from lawyer fees to expert witnesses, are spread out among the plaintiffs.
What are Things Covered by Class Action Suits?
While many things can be litigated through a class action suit, lawyers will specialize in different areas. In Atlanta, Conley Griggs Partin, Attorneys at Law, has the resources and the experience to handle several different types of claims. These include:
- Defective Products
- Anti-competitive Practices
- Data Breach
- Insurance Fraud
- Investor Fraud
- Deceptive Business Practices
- Governmental Property Tax
- Sterigenics Lawsuits
- Consumer Products
If you think you may be a plaintiff in a class action suit, your first step is talking with an experienced, professional attorney who understands the ins and outs of class actions. Conley Griggs Partin, Attorneys at Law, is in Atlanta and includes excellent, professional attorneys with class action success. Contact us today for a consultation.
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