Imagine buying a brand-new car and finding out you have bought a car full of defects. Or worse, being told that your vehicle has issues that can’t be fixed even after several attempts. Yeah, the days of planning road trips in your new car (windows down, music up) is over. We understand and feel your pain.
Now imagine that you read on the internet that you are not the only car owner having similar issues. Thousands of other customers ended up with the same defective car and banded together to file a class action lawsuit against the manufacturer. What should you do now? Of course join the class! Why? Read on to learn how plaintiffs benefit from class actions!
Plaintiffs Save on Legal Costs
Want to join the class? Great, then join! But how on earth are you going to pay the attorney fees? No worries! Litigation costs will be divided among class members. The more people join the class, the less you will have to pay.
On top of that, class actions are usually handled on a contingency fee basis, meaning that the plaintiffs do not pay for legal fees unless they win the case. This allows plaintiffs to hire the best class action attorneys that they may not be able to do if they filed individual lawsuits.
You Don’t Have to Go To Court!
Class actions can take several years, and for a lead plaintiff it’s a rather time-consuming process. We understand this can sound really scary but not for class members. They don’t have to go to court on every scheduled date or participate in the lawsuit in order to get compensation! Isn’t this great?
No One Is Left Empty-Handed
Everyone involved in the class receives something when the class of plaintiffs wins the lawsuit. So, you will receive some payment, even if it’s not an amount that fully covers damages.
All Class Members Will Receive The Same Recovery
You consider suing the manufacturer of the car individually but your friend keeps saying that you may receive a smaller settlement than someone else with a similar case who also sues the company. First of all: Yes, your friend is absolutely right. On the other hand, in a class action, one decision applies to the entire class. This means that plaintiffs with similar injuries receive the same recovery. However, the lead plaintiff will receive greater compensation than you (remember, being a lead plaintiff is a different story).
Well, There Are Also Disadvantages
While there are a number of benefits for plaintiffs who wish to join a class rather than litigate their claims separately, we couldn’t skip sharing with you some of the disadvantages of class actions (that won’t be fair). So, here we go:
- If the plaintiffs fail to win the case, they will no longer be able to file new or individual lawsuits over the same issue against the same defendant.
- Class members receive tiny amounts of money, while the settlements may be worth millions.
- Class action lawsuits take a longer time to settle than an individual lawsuit.
Discuss Your Class Action Options With Our Talented Attorneys
We get it. You have decided to join the class but you are a bit clueless about how to act! Well, a qualified class action lawsuit lawyer can guide you through the process and represent you in court. All you need is dial (818) 553-1000 and speak to an experienced class action lawsuit attorney. At Margarian Law Firm we have a team of some of the best class action lawsuit attorneys who will fight back against big companies and recover compensation for the harms you’ve suffered because of big corporations’ negligence. Don’t forget, our consultations are always FREE.