What are the benefits of bringing a securities class action?
What are the benefits of bringing a securities class action?
See informative video here: https://faruqilaw.com/uploads/blog/1575407328-10b5-KML-Benefits-of-Securities-Class-Action.mp4
Bringing an individual lawsuit seeking recovery for damages incurred as a result of a company's violations of the securities laws will typically be prohibitively expensive.
A securities class action allows investors who were similarly harmed to pursue recovery on a level playing field with well-funded corporate defendants. These actions are usually brought on a contingency fee basis, meaning that members of the class, including the lead plaintiff, do not pay any out-of-pocket attorney's fees. Instead, if Faruqi & Faruqi is successful in obtaining a recovery on behalf of the class of investors, the firm will ask the court to award us attorney's fees from the recovery.
Faruqi & Faruqi, LLP focuses on complex civil litigation, including securities, antitrust, wage and hour and consumer class actions as well as shareholder derivative and merger and transactional litigation. The firm is headquartered in New York, and maintains offices in Atlanta, Los Angeles and Philadelphia.
Since its founding in 1995, Faruqi & Faruqi, LLP has served as lead or co-lead counsel in numerous high-profile cases which ultimately provided significant recoveries to investors, direct purchasers, consumers and employees.
To schedule a free consultation with our attorneys and to learn more about your legal rights, call our offices today at (877) 247-4292 or (212) 983-9330.
Katherine M. Lenahan is a Partner in the New York office of Faruqi & Faruqi, LLP and focuses her practice on securities litigation.
