Class Action FAQ
- Securities Class Actions: A securities class action is brought when a group of investors have been injured as a result of usually a mishandling of information, pump and dump schemes, concealing or misrepresenting risks, conflict of interests or other information that was detrimental to the shareholder or company.
- Product Liability/Personal Injury Class Actions: These can be faulty acceleration pedals, dangerous drugs, medical devices that were improperly designed, or even toxic spills that harm a large number of people.
- Consumer Class Actions: These are illegal practices that are done by a business that hurt a consumer. These may be incorrect charges, illegal penalties for late payments, and other failures to comply with consumer protection laws.
- Employment Class Actions: These again hurt the consumer. They may occur when an employer does not pay overtime pay, failure to provide breaks, and other failures to abide by the Labor Code.
There is not a specific number of people that need to be harmed in order to file a class action lawsuit. Typically class action lawsuits have more than 30 people, however, in some cases there are far fewer. If you have questions on whether or not there is enough people harmed by someone or an entity call the Krause and Kinsman Law Firm.
Class actions can be very expensive and very time consuming. Generally, the lawyers will front all of the costs of the litigation. The judge will then approve the lawyer’s pay at the end of litigation. Like all of our cases we work on contingency, if we don’t win, we don’t get paid.
Sometimes your case would be too small to bring on its own. Many times the monetary damages are not enough to pursue a claim on its own. Many class members have a sense of pride forcing a large corporation that is breaking the law to change its ways. It feels good to recover millions of dollars for the other victims.
What Our Clients Say
My sister went from almost dying in a terrible car accident to being a thriving college student. If I went with a different firm, I don't think it would be that way today.Client
I felt like they have become very much involved in my family. That's one thing I enjoyed about working with them. They really made it personal.Client
Do you think you may have a class action lawsuit to file?
We are constantly looking at new class action cases. We partner with other law firms around the country in order to provide better service to our clients. If you believe you have a class action lawsuit, give us a call and we will evaluate your claim. It is free to meet with us, just give our office a call.