How Can a Class Action Suit Help Your Business Litigation Matter?
For example, if many companies or individuals suffered from product defects or violations of federal regulations, they can combine their similar claims into one class action, which would save them legal fees and time needed to prepare for court.
Additionally, there are many businesses and investors who have been named as plaintiffs, as well as defendants, in securities class action cases. This is when an investor or many investors have lost money from the devaluation of a security or stock. Typically this occurs when people purchase stock that was fraudulently inflated.
If your company is facing a legal issue like this one or another business litigation matter, a class action suit may be advisable and a more economical and efficient route than pursuing individual litigation.
For more information on your business litigation matter, talk with a skilled Texas business litigation lawyer to find out if it is wise to pursue the matter individually or through a class action suit. You can reach the Voss Law Firm at (866) 276-6179 to speak with an experienced business attorney in a free, no-obligation discussion of your case.
You can also request a complimentary copy of attorney Bill Voss's book: Business Disputes - Critical Information for All Business Owners. Download this book for free today.
The Voss Law Firm, P.C. represents clients on a local, national and international basis. We proudly serve companies and individuals along the Gulf Coast and around the globe on a contingency fee basis. Our law firm collects nothing unless we recover on our client's behalf.