First, a significant number of people must be potential members of a class, often referred to as numerosity. There must be so many potential plaintiffs that it is not practical for each to individually bring their claims. There is no magic number, as it is…
In a class action for money damages, attorneys who represent the class are generally paid out of the money that is recovered, referred to as a common fund, for the people they are representing. In class actions involving declaratory judgments or injunctive relief, lawyers may…
A class action lawsuit can help people similarly harmed by a corporation, or another party, such as a product manufacturer or developer, a lending or other financial institution, or an insurance company. An individual may have been injured or suffered some other damage, but one…
Most class actions are filed to effect change in the defendant and to recover monies for injuries or damages. Class actions may also be filed to resolve disputes over a limited fund, where the money that’s available is insufficient or inadequate to fully compensate all…
Life Partners Holdings Inc. recently admitted that the Securities and Exchange Commission (SEC) is investigating its company’s policy or firm’s approach to how it estimates life expectancies of policyholders (which determines the amount an investor must pay to purchase the policy or product) who are…
A person died from a pharmacy mistake by Walgreens when it made a dangerous prescription mistake by filling his methadone pain pills prescription with the wrong medicine label instructions for drug dosage. The victim of the Walgreens pharmacy error was a man diagnosed with neuropathy,…