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In the United States, the class representative, also called a lead plaintiff, named plaintiff, or representative plaintiff is the named party in a class-action lawsuit. [61] Although the class representative is named as a party to the litigation, the court must approve the class representative when it certifies the lawsuit as a class action.
A securities class action (SCA), or securities fraud class action, is a lawsuit filed by investors who bought or sold a company's publicly traded securities within a specific period of time (known as a “class period”) and suffered economic injury as a result of violations of the securities laws.
3.2 Class action law firms. 3.3 Other persons involved in class actions. 3.4 Legislation. ... Thomas Jefferson School of Law#2011 class action lawsuit against TJSL;
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Rather than filing a claim form to receive compensation, you can file with one of three law firms: Mason LLP, Bucher Law PLLC, and Zaiger LLC. The law firms will take 40% of what they recover for you.
For example, according to one district court a state-licensed attorney who is acting as pro se may collect attorney's fees when he represents a class (of which he is a member) in a class-action lawsuit, [49] or according to another court represents a law firm of which he is a member. [50]
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
Approval of these fees partially depends upon approval of the settlement. The law firms in question are Robins, Kaplan, Miller & Ciresi; Berger Montague; and Robbins Geller Rudman & Dowd LLP. Any fees awarded will be split among about 40 different law firms. The distribution of fees is normally decided by lead counsel. [21]
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