User: Password:
   Keep me logged in.
Register  |  I forgot my password
Advanced Search
Directory Website Promote  - Listing Details
ID:1312695
Title:Pros and Cons of Joining a Class Action Lawsuit
URL:https://www.foryourrights.com/blog/the-pros-and-cons-of-class-action-lawsuits/
Category:Blogs and Diaries: Law
Description:The advantages of a class-action lawsuit include: Lower costs of litigation – The expenses are shared by all of the class members who pay nothing up front and even then only if the lawyer is able to settle on their behalf or wins at trial. Stronger position – The very nature of a big group of people with a similar claim leads to a stronger negotiating position, the reason so many of these cases settle out of court. Suspension of the Statute of Limitations – Plaintiffs are given more time to join the lawsuit (provided they have not opted out) as opposed to the strict limitations for individual claims. The disadvantages of a class action include: Lack of control – Only the representative parties have decision-making power to settle and to make other vital decisions regarding the lawsuit. They take time – Resolution of these types of claims generally take longer than the usual tort claim due to their procedural complexities. Limited forms of compensation – Compensation is generally limited to financial damages and rebates; a plaintiff pursuing another form of relief may not be satisfied.
Link Owner:Kevin Ryan