A securities class action lawsuit allows a single or small group of investors to pursue claims against a wrongdoer on behalf of all similarly harmed investors.
Likewise, a consumer class action combines claims of a large number of consumers into one legal action against a commercial entity.
Dimond Kaplan & Rothstein, P.A., is an AV-rated* litigation boutique law firm in Miami, recognized as a "Top Law Firm" by the South Florida Legal Guide in 2006, 2007, 2008 and 2009. We represent U.S. and foreign investors in class action litigation involving securities fraud as well as consumer and commercial matters. Contact us to schedule a consultation regarding a potential class action claim. You might initiate the class action or you might join in on a class action already initiated by others.
Why Class Actions? Efficient Resolution of Large-Scale Disputes
A class action provides an efficient way to resolve a large-scale dispute. Rather than burden the court system with hundreds and sometimes thousands of individual lawsuits, a class action serves to consolidate all victims into one case. This avoids the massive waste of resources that would result if plaintiffs filed thousands of individual lawsuits involving identical issues.
Similarly, through a class action, defendants' resources are preserved because they only have to defend one case, rather than up to thousands of individual cases.
Class actions also help ensure consistent results, rather than conflicting results that could happen if thousands of individual cases were filed.
Finally, class actions are particularly effective when each victim's damages are relatively small, making it economically unfeasible to pursue an individual case.
Should You Initiate or Join a Class Action, Seeking to Recover Investment Losses or to Right Wrongs Committed Against Consumers?
- Is your securities fraud case unique enough and large enough to warrant its own arbitration or litigation? Or should it rather form the basis of a class action that will include many other investors who suffered similar losses?
- Is your consumer complaint too small on its own to justify the expense of a lawsuit — but together with other consumers' similar complaints, compelling enough to bring a class action?
Dimond Kaplan & Rothstein, P.A., is a valuable resource for investors or consumers considering initiating or joining class actions against brokerage firms or other commercial entities.
Discuss the facts and circumstances behind your investment losses or consumer fraud with an experienced attorney at our West Palm Beach or Miami offices. We serve many clients from throughout Florida (including Ft. Lauderdale and other population centers), and from throughout the U.S. and the world.
*CV, BV, and AV are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards, and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the judiciary. Martindale-Hubbell ratings fall into two categories - legal ability and general ethical standards.
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