Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the benefits of a securites class action?

April 26, 2017Action Benefits class securites

0

Posted

What are the benefits of a securites class action?

1 Answer

0

Posted

A securities class action provides shareholders with the ability to litigate their claims on a level playing field with the large, well-funded corporations that have allegedly violated the securities laws. A class action allows investors who would never have brought an individual action against a company to seek recovery from the alleged wrongdoers without having to individually retain a lawyer and incur a legal fee.