Class Action Lawsuits To Join
As an investor, what do you do when you lose money because you’ve been given false or misleading information? The sense of grievance leads many to open lawsuits against the parties responsible for the misinformation – but this can be expensive and time-consuming.
Not everyone has the resources to fight a protracted legal battle. It’s even more daunting when the other party is a large corporation with an in-house legal team and many years of experience defending itself in court.
This is when you should consider class actions, or class action lawsuits.
Class actions can be joined by investors who believe that another party has caused them to lose money unduly. This is usually because of misleading advertising or false promises, or not providing the correct or necessary information that could reasonably have been believed.
Securities class actions are lawsuits pursued by investors who have lost out because a company failed to warn consumers of risks or otherwise failed to disclose pertinent information which have affected their invesment.
Class Action Lawsuits to Join
The best way to join a proposed class action lawsuit is to look over our list of open cases.
This informs you about cut-off dates, how to join, and further details about the case.
It will also provide an overview of the type of information you should provide when you submit your information. You’ll need evidence that you were directly affected by the behavior specified in the lawsuit – this evidence may also count towards the suit’s chance of succeeding.
There’s no guarantee that class action cases will succeed or that a settlement will be reached. There is no out of pocket cost to you to join.
These cases are designed to hold the defendant to account and hopefully force improved standards in how companies advertise their investment opportunities. Of course, the end goal is also to ensure that investors receive funds to cover their losses due to the defendant’s negligence.
Interested in joining a case? Browse our case list now.
How to Join a Class Action Lawsuit
Class action lawsuits work by utilizing the collective power of the plaintiffs to show that far-reaching damage has been done by the defendant. They seek to establish how the defendant may have broken local or federal rules by using unscrupulous advertising practices or misleading information.
Investor cases also deal with data breaches and misuse. If a company has misused investor data or lost it in a data breach, affected individuals may launch a lawsuit to reach a settlement for lost, valuable information.
Generally, investors do not need to start a Class Action Lawsuit, as knowledgable Class Action Attorney’s have been informed of a situation, performed their due diligence and compiled a case. The lawsuit then needs a Lead Plaintiff to direct the attorneys through the case. This is done at no out of pocket cost to the investor.
Search Our Case List
Our case list contains information about numerous new class action cases with deadlines approaching.
If you’ve been affected for the reasons described in the lawsuit, you may join as a lead plaintiff.
The lead plaintiff is the collective term for all individuals who have been impacted by the defendant’s actions. Hoever, in a Securities Class Action Case, the Lead Plaintiff is the Investor with the largest loss. They may be eligible for a settlement if the case is successfully prosecuted. Claims are typically made up of groups of investors.
If you wish to join a class action case, the first step is to know which company you wish to pursue action against and find others making similar claims.
Is it Bad to Join a Class Action Lawsuit?
Are you putting yourself at risk by joining class action lawsuits?
While a good “rule for life” is to avoid getting into legal battles whenever you can, you’re not putting yourself at any risk by joining class actions.
Legal costs are typically paid by either:
• The defendant (in the case of a successful prosecution or a settlement)
• The attorneys (who may absorb some costs – this depends on the attorney)
You may have to invest some time submitting information and following the case, but a major benefit of these cases is that they minimize the personal risk to eligible consumers and investors.
There are no out-of-pocket costs associated with our case list – browse cases here.
Is It a Good Idea to Join a Class Action Lawsuit?
Class action lawsuits provide Investors with the ability to pursue legal action without the cost of hiring an attorney. There are many benefits to joining a Class Action, in that other investors are joining to hold the company and its directors liable.
Achieve Justice For Many
Class actions bring legal experts together in defense of the individual.
What is the Downside of Joining a Class Action Lawsuit?
The most important thing is to know whether you may be eligible for compensation.
Otherwise, you may spend a lot of frustrating time following a case that won’t benefit you.
In the securities market, compensation may not be available if you’ve simply lost your investment due to market forces.
However, false advertising, incidents such as a data breach, and misallocated funds are different matters.
If the Deadline Date has Passed, Can I still Join a Class Action Lawsuit?
There is a deadline to find a Lead Plaintiff in the case. You can submit your information at any time and keep up with the progress of the case.
Who is Awarded Damages
All investors who can show that they suffered losses as a result of a company’s negligence or misleading information may be awarded damages.
These are allocated proportionally depending on the losses suffered.
The lead plaintiff may be awarded additional damages. A portion of the settlement will be awarded to the successful class action attorneys – this is how representation is funded.
Calculating Damages for Investors and Other Class Members
It’s important to provide detailed evidence of damages you may have suffered. You should also make these damages relevant to the case – you should be able to demonstrate why the subject of the lawsuit is responsible for your losses.
To make it easy, you are guided through the process.
How Do I Add Myself to a Class Action Lawsuit?
1. Visit Our list of Current Securities Class Action Cases
Our case list provides information about numerous ongoing class action lawsuits. Browse the list to find the relevant case and click “learn more” to find out about the legal action.
2. Join
3. Submit Your Claim
You’ll need to provide relevant information to demonstrate why you’re eligible to join this case. This will include details of lost investments and how the company’s negligent or misleading behavior encouraged your investment. Do not worry if you do not know your losses, we can help you with this.
Final Thoughts
Seeing a company that encouraged you to invest using misleading data is both easier and more satisfying than having to wage a long-running courtroom battle against an entity that can outspend you at every turn. This is why class action lawsuits are so important.
Everyday investors deserve to have their securities investments honored and compensated wherever foul play is suspected. Check out our case list and get involved today.