Understanding class action claims

On Behalf of | Feb 13, 2024 | Mass Torts And Class Actions

Individuals can feel rather small and insignificant when standing up against a large company. However, this should not deter you from taking action to protect yourself after suffering harm from a company’s product or an incident caused by a company.

Often, your harm is not just exclusive to you. Others may have suffered the same fate, meaning you are not alone in your efforts to file a legal suit. By coming together, the numerous individuals harmed can collectively file a lawsuit known as mass torts.

Mass torts and class action basics

Mass torts and class actions have been used interchangeably, but they are in fact different despite having many similarities. At Solberg Stewart Miller, our law firm handles both mass torts and class actions. Our attorneys are very knowledgeable and experienced in these actions, which allows us to guide both the individuals and collective when it comes to their legal rights and options.

With regards to a mass tort claim, each individual plaintiff maintains their own claim for reimbursement for unique damages. Thus, they are part of the group suffering the same harm; however, they are seeking their harms to be considered on an individual basis when recovering damages.

In contrast, a class action is a lawsuit of the collective that does not consider the individual claims of each plaintiff. This means that when a settlement is reached, or a verdict is decided, that amount will be split evenly among the plaintiffs.

Benefits of these actions

There are several benefits with mass tort claims and class actions. To begin, a mass torts claim is a very advantageous way to collect the damages owed specifically to you when numerous people suffered at the hands of a single entity. Often, individuals harmed are scattered across the nation. This action allows all potential plaintiffs to file a joint claim no matter where they live or when the harmed occurred. Finally, it is an efficient and cost-effective way to manage a complex lawsuit.

If you believe you or a loved one is an eligible plaintiff in a mass torts action, it is important to gain a better understanding of your situation and the legal options available to you. A legal professional can answer any questions, helping you make an informed decision in your matter.