Considering Class Action or Derivative Litigation?
Our Class Action Lawyers Can Help
Like millions of hard working Americans, you provide for your family’s daily needs, invest in your family’s future, and try to live an honest life. Some corporations ruthlessly choose to make use of dishonest and unethical practices that put your safety, your finances, or your future at risk merely to increase their profits. You have the choice to stop their unfair practices and obtain restitution.
Corporations can harm us in ways that realistically and economically seem too small to expend the time, money, and effort to fight alone. In “nickels and dimes,” we pay more money than was agreed upon for services and hidden fees, or we unknowingly purchase products that are out-of-date or defective. In other instances, public and closely held corporations inflate stock prices and misrepresent future earnings. Insurance companies refuse coverage, and large companies breach their standard form contracts.
Each of these scenarios happen to thousands and millions of us; costing each of us a small amount of money on a regular basis tantamount to billions of dollars. These unethical corporations have seemingly unlimited monies to spend. Ordinary people do not. Individually, there is not much consumers can do to help themselves. Together though, they can take advantage of the legal power of a class action. With the assistance of a class action lawyer, an affected group of consumers or shareholders, represented by an individual or a small group, can address and correct injustices.
Benefits of a Class Action
- Strength in numbers
- Force large corporations or entities to be held accountable for wrongdoings
- Fewer obligations on class members than conventional lawsuits
- Judicial efficiency by uniting multiple plaintiffs in one case
- Contingency fee payment
- Cost effective
Derivative Litigation
As a shareholder in a company, you expect the Board of Directors, owners, and management to uphold their fiduciary duties to the loyalty and competence to the company thereby safekeeping your investment. A derivative litigation lawsuit allows an individual shareholder to remedy or prevent a wrong on behalf of the corporation itself when the directors and/or office do not correct themselves. Some offices and directors bring financial harm upon the corporation and its shareholders through:
- Excessive bonuses or compensation
- Wasting corporate assets
- Illegal activities
- Fraudulently representing products or business prospects
- Stock price interference
- Lack of disclosure during a merger or acquisition
Some individually owned and publicly held companies have chosen to use unfair business practices to make more money, mislead, or lie to their customers. You are not alone in your anger and frustrations. A class action attorney can help you have your voice heard, receive proper restitution for your losses and correct wrongdoing.
Contact a class action attorney at The Beckham Group today for a free consultation to determine whether to combine your claims with others to make recovery more economically feasible.