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Faqs Category Archives:

June 26

Are all class members forced to participate in a class action?

No. After class certification, members can choose to opt out and pursue their own claims. Those who remain are bound by the outcome and share in any recovery.

June 26

I am one person with a small claim. What should I do?

You likely do not need to take action to remain part of the class. Lead Plaintiffs with larger claims often represent the class. You can contact the firm to be added to a mailing list for updates.

June 26

How does a court determine who will serve as Lead Plaintiff?

The court appoints the person or group with the largest financial interest in the relief sought by the class, often based on total financial losses or percentage of net worth lost.

June 26

What is a Lead Plaintiff?

In securities fraud class actions, the Lead Plaintiff is appointed by the court to represent all class members. The Lead Plaintiff works with lead counsel to guide the litigation and must have claims similar to those of other class members.

June 26

What kind of money will I receive?

It depends on how the case resolves. Settlements often involve distributing cash, stock, or both to class members based on individual losses. Some cases may go to trial, settle, or be dismissed.

June 26

How are the attorneys paid in class action cases?

Attorneys are paid only if the case succeeds, based on a court-approved fee petition. The fee amount depends on factors like case difficulty, quality of work, time invested, and results obtained. Fees often range from 20% to 33% of the total recovery.

June 26

How much does it cost to join a class action?

There is no upfront cost. Attorneys work on a contingency basis and only receive payment from a settlement or judgment if the case is successful. Expenses are advanced by the attorneys.

June 26

Why should I be involved in a class action?

Participation allows you to potentially recover compensation for harm that might otherwise go unaddressed. Being part of a class also strengthens the case by showing the court that the alleged misconduct affected many people. In most cases, you do not need to take action to join; only those wishing to opt out must do so.

June 26

Can any case against a business be brought as a class action?

No. A class action is appropriate only when common issues outweigh individual issues. The court ultimately decides whether a case meets the legal requirements for class certification.

June 26

How can I discuss a potential class action or a pending case with an attorney?

You can call 866-540-5505 during regular business hours to speak confidentially with an attorney. Discussions about pending cases or new claims are free of charge.

While this website provides general information, it does not constitute legal advice. The best way to get guidance on your specific legal issue is to contact a lawyer. To schedule a meeting with an attorney, please call 866-540-5505 or complete the intake form to email us. To inquire about employment opportunities with Miller Shah LLP, please see our Opportunities page.

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