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by toss1
171 days ago
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A major benefit of a class action, especially for complex cases, is that the costs of prosecuting the lawsuit are spread over many plaintiffs. Pursuing an individual lawsuit in federal court can cost well into six figures, which is not a good bet if your potential recovery as a single plaintiff is in the same range. And that is assuming the large corp you are suing doesn't do the usual tactic of burying you in papers, spurious motions, and every trick in the book to run up your costs in money and time. Class actions bundle those costs for 'all plaintiffs who are similarly situated' and the judgements are also for all plaintiffs at once, so class actions are where large companies can be properly stung. This is also why so many companies put clauses in their contracts that you agree to forego any possibility of participating in a class action. So, if you are subject to a systematic malfeasance by a company, the best route is a class action; they've already got it setup that you'll almost certainly fail trying an individual action, unless you have very deep pockets and close to a decade of free time. |
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It therefore mostly affects case valuation