Fraud & Class Action Lawsuit Los Angeles
A class action lawsuit is a type of lawsuit where one or several people file a lawsuit against a defendant for wrongdoing on behalf of an entire group of victims of the defendant’s misconduct. A class action lawsuit allows for the efficient litigation of a large-scale misconduct that affected hundreds, thousands, or even millions of victims in the same way.
The Benefits of a Class Action Suit
Class actions are popular because it allows all of the same claims for all class members to be resolved in a single proceeding, increasing efficiency and lowering the cost of litigation. Further, it can provide relief to the individual victims, who may not have the resources necessary to fight a large corporation on their own.
The Various Types of Class Action Lawsuit
There are many different types of class action lawsuits depending on the nature of the case. Some companies, whether intentionally or not, create, distribute or otherwise manufacture a defective product, or provide false or misleading information about the nature or safety of their goods on a widespread level. Other companies may find themselves on the wrong end of a class action for committing financial fraud on a large scale. A qualified Los Angeles attorney can help you determine if your case has merit for a potential class action filing.
Call a Los Angeles Class Action Lawyer Today
If you have been harmed because of a defective product, financial scam or other securities fraud, you may have certain legal rights that require your immediate attention. Contact an experienced Los Angeles class action attorney today for a consultation to discuss your rights and obligations.