Why do investors need to sign up to join a class action?
Greater participation from investors, employees or shareholders in a securities case not only reaffirms the case’s validity but can also increase the settlement or verdict amount. A large class indicates to a judge and court that a problem is widespread and the effects of a company’s actions cannot be ignored. Since there is no monetary contribution needed, nor are class members required to attend trial or even meet with attorneys, it serves as a no-lose situation for the class.
