What is required of a lead plaintiff?
The lead plaintiff plays a critical role in class-action cases, but it is not extensive. Since you are representing potentially thousands of people there are a few items you need to be aware of including: • Being generally familiar with the litigation, • Providing HBSS with and preserving any documents related to the case, and • Participation in the discussion of any settlement offerings. 4. What does a class-action lawsuit cost plaintiffs? At HBSS there are no sign-up costs to join a suit and our clients make no payment at any time throughout the litigation process. In class-action lawsuits the firm asks the court to build legal fees into the final settlement or verdict. That means if HBSS is successful, the firm is paid once the case is settled and done. If the case does not reach completion, the firm takes the loss and neither the lead plaintiff nor any members of the class owe anything. 5. Why do investors need to sign up to join a class action? Greater participation from investors
