Have you ever had a business overcharge you and wondered how many other people had a similar experience with that business? If it’s a common occurrence, the situation might create a basis for a class action lawsuit.
The purpose of class action
The purpose of a class action lawsuit is to permit an efficient legal means for many people to pursue commons claims against a common defendant or defendants. Typically, class actions are rooted in common economic harm a defendant causes to many people where the individual harm to each plaintiff might be relatively small, so that it makes the individual plaintiff unlikely to pursue the case alone. Think of a situation where the individual damages might be $200. It would be unlikely an individual plaintiff would file a lawsuit to recover $200.00 alone, but if there are many similar plaintiffs, a class action provides a legal remedy to those potential plaintiffs by permitting one plaintiff to pursue claims for all similarly situated plaintiffs in one proceeding.
As noted by the Federal Trade Commission, class action lawsuits cover situations ranging from environmental harms to general consumer products.
In situations where it is impractical to address a case of wrongdoing on an individual basis, an analysis will provide insight into whether a class action approach is possible.
Markovits, Stock & DeMarco pursues class action lawsuits on behalf of a wide range of people including, but not limited to,
- Mortgage release class actions where the lender fails to timely release the borrowers mortgage release under Ohio Revised Code 5301.36 et seq.;
- Horsepower misrepresentation class actions where manufacturers overstate the horsepower capabilities of their products’ electronic motors; and,
- Defective product class actions resulting in loss of value or use of the product.