Consumer fraud affects many people in different ways. This can be seen when you buy an item that is supposed to produce certain results but fails to do so, or the asking price is way higher than what is reasonable. These are examples of consumer fraud. Fraud schemes also exist, in which people pay for certain services, maybe online, but do not receive what they paid for. Identity theft is also classified as consumer fraud.
When one entity causes a number of victims harm; similarly, they can opt to have their cases tried as one, against this entity, which is the basis of a class action lawsuit. They are usually helpful for those who have been wronged but do not wish to hire a personal lawyer, considering the small cost incurred. Class action brings economies of scale into play, for all of you.
In some cases of consumer fraud, class action lawsuits are usually the best way to go. It applies when there is a huge number of people who affected similarly by the defendant. In consumer fraud cases, it is normal for the same effect to be felt by all the defendants. There needs to be a similar problem experienced by all those involved. Their legal qualms with the defendant will be the same across the board. The attorney also has to prove that the class action lawsuits are the best way to handle all their complaints. The similarities must be clear.
Despite the number of plaintiffs, the attorney has to pick one to represent all of them. The shall serve as the lead plaintiff. This plaintiff is tackled with the duty of appearing in court and giving witness accounts. The bulk of their work gives them access to more of the reward when it comes. Part of their duties is to be deposed, where the lawyers representing the defendant will be asking a lot of in-depth questions to the plaintiff.
When looking for a class action attorney, choose one with a long history of such cases. There are rules and regulations that apply in these cases, one who is not familiar with them will not be successful in your case. Consider their previous successes in similar cases. Expect nothing but honesty and respect from such lawyers all through the trial period.
The payment for class action attorney work is usually after the case has been won. The kind of payment they expect will be dictated by the number of plaintiffs involved, the risk of the case, and the agreed upon amount in the win. They normally settle at around 30% of what they got the defendant to agree to pay.
This kind of arrangement is on a contingency basis. Some plaintiffs are only aware of their status after a case has begun. Sometimes there is no time to get everyone up to speed.