Class Action Lawsuits

Class action lawsuits were created to give the common man the ability to take on large corporations and private entities with the resources to have the very best legal representation. In many cases the actual harm done to each individual in a class action lawsuit is relatively small, but the total harm becomes very significant for lawsuits involving hundreds or even hundreds of thousands of people.

Class-Action-Lawsuit-Lawyer-in-Houston

A class action is a civil suit brought by one or more people on behalf of themselves and other individuals who have suffered similar damages. An example of a civil lawsuit would be if a defective product injured a large number of people. Class actions that you may have heard about include tobacco, asbestos, and Agent Orange. Class actions are also frequently used in securities claims on behalf of misled stockholders.

One of the common questions about class action lawsuits is “How are the attorneys paid?” Class action attorneys are usually only paid if the case is successful. The amount is then determined by the court as to what is fair and equitable. The attorneys submit a “fee petition” the judge responsible for the class action, who then establishes the judgment or settlement to be paid to the attorneys. The fact that fees are not taken directly from the pocket of the defendants often makes class action lawsuits a desirable course of action.

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