| Archive for the ‘Legal’ CategoryMarch 8th, 2010 by admin To file a class-action lawsuit, first make sure you know what a class-action lawsuit is: it’s a lawsuit that allows many people who have the same claim go to court and have their issue to be heard and be decided in one single legal proceeding. Finding everyone who qualify to participate in the class-action lawsuit in not necessary before you file, but you can not simply file a class-action lawsuit and instantly have it settled out of court or actually go to court. The court first needs to approve the ‘class’ definition during the litigation or at the time of settlement. So, when considering whether to file a class-action lawsuit, you must first see if the ‘class’ can be easily defined; find out if the number of ‘class’ members sufficiently numerous; does a common factual and legal issue exist?; is the factual and legal issue for the ‘class’ predominate over an individual issue?; is your claim typical of the other ‘class’ members?; and can you adequately represent the ‘class’? Not all class-action suits are an appropriate ‘class’ action case. The court will weigh many things to determine whether to approve your claim as a ‘class-action’ as opposed to requiring you to file only an individual suit. Basically, the best move for you to make before filing a class-action lawsuit is to consult with an attorney who specializes in class-action lawsuits. They will easily tell you if your claim has merit and will let you know if the case will lead to a monetary settlement. No lawyer will take on your class-action lawsuit if they see no merit or any monetary gain. The reason for attorneys for not taking on your case is that most firms do not have the resources to invest in a class-action lawsuit, but then again, some law firms do have the resources, but do not want to use them because all class-action lawsuit are done on a contingency basis, no fees are paid upfront, so even if you have a good class-action case, this does not mean it will ever be heard by a court or even have a chance to settle out of court. March 1st, 2010 by admin A class action lawsuit is one in which one or two plaintiffs represent a larger group of people who are suing for damages caused by a company, either monetary or physical damages. There are many ethical issues that are to be considered in cases such as these. There many ethical considerations that have to made in reference to such topics as the fees for the attorney and whether or not those fees are reasonable. Other topics include the attorney’ssolicitation of services, and the attorney/witness rule. The attorney/witness rule states that an attorney can not serve as a witness and an advocate in the same case. This serves to protect the attorney from issues that may rise due to a conflict of interest, one created either for them or for their clients. It also protects attorneys from having to cross examine other attorneys will the court cases are in session. Attorneys can serve as witnesses, but only when their testimony does not have a bearing on their case. It does not prohibit them from being witnesses, nor from acting as consultants to the witnesses. The conflict of interest issue is the one which has caused the greatest concern, as the nature of a class action litigation is bringing varying interests into the case. In these types of cases it has always been difficult to apply the rules that have existed. This due in part to the confusion, to the fine line of the ways in which all parties involved must relate. The counsel, the one or two plaintiffs who are representing the whole of the group, that many times is absent from the proceedings are involved in relationships that blur the lines of ethics. Many steps have been taken to clear up the ethical issues. In 2000, the Ethics Commission had proposed that the ABA Model Rules of Professional Conduct be amended to address these kinds of cases specifically. And attorneys are looking for these issues to be resolved in the near future, for themselves and for the clients they represent. March 1st, 2010 by admin There are two studies that indicate any concerns of attorney fees in representative actions escalating may be unfounded. The Results in both studies show that fess in class action lawsuits rarely go over the contingency rate of the customary 30 percent. The National Economic Research Associates, which is an international consulting firm for economic issues, published a paper concluding that regarding fees in securities class action lawsuits that not much has changed over the past several years, even though some judges deem otherwise. The study shows that regardless of the case size, the average fee remained 32% of the settlement. The study reviewed securities class action lawsuits from 1991 to 1994. The was a broader study by The Federal Judicial Center, which was created by a congressional act in 1967 to improve the growth of Judicial Administration in the federal courts and now has become an agency for policy research, planning, continuing education and systems development in Washington D.C., reviewed ALL class actions from 7/1/92 to 6/30/94, in four federal district courts: the Southern District of Florida, the Northern District of California, the Eastern District of Pennsylvania and the Northern District of Illinois. Out of the 407 cases reviewed, only 152 were certified as class actions, and 59 of those certified, were for settlement purposes only. The FJC drafted a report and concluded that the net monetary distributions to the class regularly exceeded attorneys fees by a substantial margin. In cases where the benefits to the class can be quantified, the ‘Fee-Sharing’ rate infrequently exceeded the traditional 33% contingency fee. But, despite this evidence of ‘Shared Fee’ stability, the general perception is one where attorneys are making too much money. In some cases, the ‘Shared Fee’ requests are excessive, which could produce harmful backlash effects on class action lawsuits, by having Legislators step in and limit the class actions. If that happens then a there might be a significant reduction in attorneys who will represent the plaintiffs. Having Legislation step in and cap or reduce the ‘Shared Fees’ will only injure the consumers in need of representation against a large corporation that caused harmful acts. February 18th, 2010 by admin A class action sounds rather complicated, and like any legal matter, it certainly is, for those who have to do the detail work. If you’re not a lawyer, however, it’s really not all that complex. There are very exact steps to take, but most of these will be handled by the attorney. This will give you a good idea of how to get the ball rolling, but first, before we look at the how, let’s look at the why. A class action is something that’s filed when there has been some kind of misconduct on the part of a larger entity, such as a business or corporation, that has adversely affected a large number of people. When it’s a large enough group, it makes sense for everyone involved to handle it as a large group rather than hearing all the individual stories. This makes for a class action. To begin, then, there are a few criteria that need to be met for a class action lawsuit to be considered viable. These questions are important for you to ask yourself before interviewing attorneys to take your case. They will make the bulk of their money on the case if it wins, so they have as much interest as you in winning, and every reason to turn it down if it’s not thought out. Keep in mind that the lawyers usually get about 25% of the award on these, and sometimes more. This can leave very little left for the individuals. The criteria then include: a large enough group of people affected, commonality among all of them in terms of damage, the damage has to have come from the same event, and then there’s also concern for viability of the defendant along with viability of the legal representation. They will necessarily want to make sure the damages are as uniform as possible, so that the need for class action is clear. If there are lots of individual variables and concerns, it is not a good candidate. A good example of a good candidate, then, would be a video store overcharging for late fees. This case would be easy to resolve if it were found in favor of the people, and the damages and rewards would be uniform. Once these criteria are met, then, you would be ready to take it to the lawyers that you feel would best represent you, and begin getting ready to go to court. February 17th, 2010 by admin Class action lawsuits are not uncommon in this day and age. It can be extremely helpful to know how to join them, not only because there is always a possibility that you might be directly or indirectly affected by a faulty product, but also because it’s important to be in touch with the currents that are going on around you. There are many reasons for a class action lawsuit, too. Some of these begin as an almost sideways attempt to take advantage of someone or something. There are those who feel that it’s their right to try to get something out of the system, because they feel as though they have been taken advantage of themselves. It’s really important to examine the reasons for the lawsuit before getting too deeply involved. If it seems as though the claim is legitimate, however, then there’s no reason not to proceed. Of course, if you’re already obviously directly effected, due to a minor personal injury or inconvenience, then you can certainly proceed with a clear conscience. But it is very important to be cautious, because there are certainly many unscrupulous people in the world, hoping to make something for nothing. In the past, there were people who would be willing to injure themselves in order to collect insurance payments, and there’s really not much difference between that and a questionable lawsuit. In many instances, you may want to look into the lawyers involved, and determine if their reputation is something you can be comfortable standing behind. In a class action lawsuit, then, there is always a law firm that is making the claim. The very first step is to make contact with the lawyers, and talk to them about your situation. In many cases, they will already have contacted all the victims of the case, and if you fell into that category, you would have already been notified. If this is not in operation here, and there are many unknown victims, then it is very likely that they will be happy to hear from you. The more they have on their side, the stronger the case. All of this assumes that you know who is responsible for the damages or harm you’ve suffered, and you’re already aware of the pending case. There are other options for joining a suit. A simple search on the web for pending class action suits will bring up several resources for lists that you can look through to determine if your particular damages are common to others as well. February 16th, 2010 by admin Class Actions Law Suits are an interesting aspect of the legal process that are structured and intended to protect and empower consumers whose damages or losses may not be great enough to warrant the attention of standard process claims. Injury lawyers are typically looking for large money suits, which is understandable considering the time effort and cost in filing one. This is why minor or small financially based loses or damages might get ignored and fall through the cracks in legal protection and justice without a mechanism such as class action suits in place and available for consumers to file regardless of the amount of their personal damages or loss. However, an interesting aspect of the class action suit is that more parties are needed for it to be effective. This is also how they become possible. They are an appropriate resource when there are numerous people who have become affected by the same negligent company and suffer a similar damage or loss as the individual who files the claim. This brings up the important question of how many people it would take to actually file a class action suit. The number is not actually fixed regarding total number of people overall though it may be applied to specific filings and as it is with most legal issues a lawyer is needed to assist with the process. The lawyer is also there to answer these important questions along the way and guide the suit filer through a less stressful legal process. In considering numbers of people required for class action suits its easier to think in terms of dollars and consider the larger financial aspect of these types of suits which is broken down and then based on the individuals involved. Another aspect of these suits to remember is that a single person can and usually does bring the law suit against a particular company though they are doing so on behalf of all the other individuals that have been injured or suffered a loss in the process. And all of these individuals will need to be contacted in the process. February 15th, 2010 by admin Requirements to initiate a Class Action Suit are having an adequate number of plaintiffs who have common damages and legal issues. Each class member’s claim must come from the same occurrence, and must have the same legal argument. The representative for the plaintiff should adequately protect and represent the interest of the class members. If the defendant doesn’t have the means to compensate the class members for the alleged damages and all the legal costs, then it might be very difficult to get a law firm to represent the class action lawsuit. So, it’s important to research the scope of the problem. The web is a great resource to gather information. Visit online support groups or chat rooms in order to find information that will relate directly to the lawsuit. Consider placing an ad in the newspaper for finding class members, but only after the class action has been certified by a court. Information may be also found at government agencies or with congressional representatives. Finding the right attorney to represent the class members is most important, they should specialize in class action lawsuits and also specializes in the type of lawsuit that’s being pursued. For example, suing current employer or even a former employer for discrimination, pick a lawyer who specializes in labor laws and class action lawsuits. Don’t pay a lawyer upfront, most class action lawyers work on a contingency basis, but be prepared that 30 percent will be taken from the settlement funds to pay the lawyers fees. Once the above has been established, then a motion of class certification needs to be filed. To qualify, there must be proof of a sufficient amount of plaintiffs whom were also subject to the same misconduct. Each class members must have the same allegations. The lawyer picked to represent the case must prove that he or she will handle the common questions predominate in the suit rather than the individual issues. Once this is established, then the lawyer is responsible to send notices to all potential members of the class suit and publish notices nationwide, like in The New York Times and Wall Street Journal. Then it’s time to get ready for court. February 10th, 2010 by admin The Continental Can Company is one of the many large companies throughout history to be brought to trial in a class action law suit. They are one of the many companies that have been accused of taking advantage of people for monetary gain. The history of this suit began in 1970. While the company was doing well, and while profits and revenue continued to climb, the company was looking to cut costs in order to give their investors higher returns. Looking to ensure the company’s growth and looking for ways to cut their bottom line, they turned to what has been called immoral and unethical acts. Members of the Steelworkers Union from Los Angeles to St. Louis came together in a class action lawsuit stated that the Continental Can Company took those cuts in their budget by taking the pensions of workers who had given their entire lives to the company. Due to the protection of the Union, the administrators found it necessary to find a creative way to cut their costs by the cutting of pensions. The pension plan was intended to encourage this life long service, as once a worker had reached retirement age, they would be eligible to receive the pension payments for the rest of their lives. Those who left the company early would forfeit that pension. The name for a computer program that tracked the length of the worker’s employment was devised and titled “BELL” This was a backwards acronym for “Let’s Limit Employee Benefits”. The computer program kept track of those employees who were approaching their retirement, and when that would happen, those employees would be laid off or fired. This was taking place for ten years before anyone realized what was going on. It was not until the 1980’s that evidence that this was taking place was revealed. There have been many cases since then, of companies taking advantage of or defrauding their own employees for a higher monetary gain. Continental Can Company was found guilty, and they were required to pay each and every employee who was wrongfully terminated over the years. This was one case where justice was served. February 9th, 2010 by admin Almost everyone has heard of class action lawsuits and many have wondered what exactly they entail though they never actually look into it. They always seem to be something you hear about after they have been settled and there always seems to be large numbers of people involved. But that’s as far was what most people go in understanding exactly what they are and how they function in today’s society and legal system. Another way many people tend to find out about them is to realize that they are in the population of people that are intended to be satisfied by initiating suit. Almost everyone has at some point wondered what they are and how and why to file them. The lawsuits are structured to serve an individual party who seeks relief from a particular business for themselves as well as members of a larger population of affected individuals. This is frequently the type of suit filed when a particular party’s damages may be small or represent an insufficient dollar amount, though when it is considered within the context of the larger population who has suffered the same small amount or damages it becomes a great deal larger. They are filed when the damages or money amount is simply too small for an individual suit but when it is added to the multiple, sometimes hundreds, of others affected by the business it becomes a major financial lawsuit. There are a few basic initial steps in filing a class action lawsuit that should be understood by the party who is seeking to pursue it. First, you should research the types of damages and losses that are considered appropriate for these cases and then contact an attorney who specializes in them. After signing a representative agreement with an attorney you may need to pay a retainer fee to them. You will likely need to pay a filing fee when you actually file the suit. You will then serve the defendant in the case and you must publish the names of all members of the particular suit, or mail the information to them. This is an effective manner of suing businesses that have faulted on product liability and other situations where an individual lawsuit may seem unsubstantial. You will need the services of a skilled lawyer and they will be able to answer many of your questions for you and provide some of the necessary services. A class action suit can only be filed by a professional, so the first step will be to contact a lawyer, and explain your case. If there’s something to it, and you’ve thought it through well enough, you might have something on your hands. February 9th, 2010 by admin You only need a single ‘class representative’ in order to file a lawsuit on behalf of a putative class. But, you can not do this without a lawyer, because you can not legally serve as the ‘attorney-of-record’ for the absent class members and you wouldn’t be an adequate attorney to represent the class members. Nonetheless, there really is no bright line test to how many people must be in the class, but the general rule is the fewer the members of the putative class, it is more unlikely that it will be certified as a ‘class action lawsuit’. It’s been shown that it’s extremely difficult to win a ‘class action lawsuit’ with less than 30 class members. To clarify, you only need one person to start a ‘class action lawsuit’, but for the court to certify it as a ‘class action lawsuit’, which is the court saying that your case actually can proceed as a ‘class action’, you have to have what the law calls ‘numerosity’. This means you have to have enough people who have been affected by the legally wrong act to make it more convenient for the court to treat it as an ‘all-in-one’ case instead of having each person file their own lawsuit. Often, the quantity depends on the court, the state, the case and the circumstances. In a few states, there are cases that have given a general guideline, like in Ohio, a ‘class action lawsuit’ has to be at least 40 people, but in most of the other states, there is no specific number; it just depends on the circumstances of the case. Class action cases can be extremely difficult for the attorney to handle, and they can take an enormous amount of time to get through the courts to get settled. A majority of ‘class action lawsuits’ get settled without ever having gone to trial. October 27th, 2008 by admin If you have a personal injury claim how do you determine its worth? Well insurance companies usually look at the particular circumstances if the claim. First of all they look at the type of damages that you may be seeking compensation for. Basically the one who is liable for the accident must pay the injured party for medical expenses, disability/ disfigurement, loss of social, family or educational experiences, emotional damage and damaged property. The insurance company will use a damage formula to determine payment. The total medical expenses are added up. These expenses are known as medical special damages. This is the base amount that is used to determine the amount to pay the injured individual for pain and suffering, and other non-monetary damages or general damages. In most cases it is advisable to consult with an Injury Claims Solicitor. Affairboard February 3rd, 2008 by joe The hunt is on for the mortgage disaster’s bad guys. Across the country, task forces of prosecutors, FBI agents, securities investigators, class-action lawyers and others are mobilizing to figure out who broke the law during the high-flying days when lenders… Read More… | |