A class action lawsuit ensures that a defendant, such as a large corporation, who engages in widespread harm, but does so minimally against each individual plaintiff must compensate those individuals for their injuries. For example, thousands of consumers or shareholders of a large or public company may have losses too small to justify separate lawsuits, but a class action can be brought efficiently on behalf of all consumers or shareholders. Class treatment of claims may be a vital way to impose the costs of wrongdoing on the wrongdoer, thus deterring future wrongdoing. The lawsuit may also result in a court order ceasing, stopping and preventing future wrongdoing.
Class actions increase the efficiency of the legal process and lower the costs of litigation. A class action are utilized where small recoveries do not provide the incentive for any individual to bring a solo action prosecuting his or her rights. Class action lawsuits gives the common man the ability to take on the largest corporate or private entities.
Class action lawsuits are typically done at no cost to the class representative. Attorney fees are determined by the court and often times the court will award incentive fees to the person who acted as the class representative. The Law Office of Frederick S. Schwartz has been involved in and represented class action members in claims and lawsuits involving consumer fraud, pharmaceutical product defects, securities fraud and violations, mortuary improprieties, late wage payment penalties, wage and hour claims, and meal and rest period violations.