Class Action Lawsuits for Bad Investments, Prescription Drugs, Toxic Pollution

Ohio Lawsuits & Legal Rescources

A class action lawsuit is when a large group of people collectively bring a claim to court.

Class action lawsuits aggregate a large number of claims into one lawsuit which can lower the costs of litigation and increase the efficiency of the legal process. For example, thousands of shareholders of a public company may have losses too small to justify separate lawsuits, but a class action can be brought efficiently on behalf of all shareholders.

Perhaps even more important than compensation is that class treatment of claims may be the only way to impose the costs of wrongdoing on the wrongdoer, thus deterring future wrongdoing.

A judge has to rule in favor of class action status before plaintiffs can seek class action justice.

Some of the best known class action lawsuits include one that was made famous by the movie, Erin Brockovich for California victims of toxic pollution against Pacific Gas and Electric. Other class action lawsuits include asbestos cancer/mesothelioma, the pharmaceutical drug Vioxx, the diet supplement Fen Phen and numerous securities and investment class action litigations.

Talk to the Clark, Perdue & List Co, LPA law firm to determine if your situation is best suited for a class action lawsuit or an individual lawsuit.