Opt Outs From Class Action Litigation

Skilled Investment Attorneys in Cleveland, Ohio

When securities firms or other financial institutions engage in misconduct on a large scale, the victims may number in the hundreds, thousands, or tens of thousands. The result may be that someone brings a class action lawsuit. However, if you have suffered a significant financial loss, you may almost always will be far better off if you "opt out" of the class action and bring an individual claim for investment fraud.

At Hermann, Cahn & Schneider, attorneys in our Stockmarketloss.com practice group represent clients who wish to opt out of class action litigation arising from the misconduct of financial professionals. We have extensive experience providing legal help for the victims of misconduct. Contact our offices today to schedule a free consultation and case evaluation. You can e-mail us, or call toll-free at 877-215-0593.

Free Case Evaluations to Help You Understand Your Options

When you come to our offices for a free case evaluation, we will thoroughly examine your individual situation to help you determine whether you should opt out of class action litigation. From your first visit to our offices until the point where we can determine whether you have a viable individual claim, you pay no attorneys' fees. Unless we need the assistance of outside financial professionals to evaluate your claim, there is no charge for the evaluation.

The Benefits of Opting Out of Class Action Litigation

In many cases, class action lawsuits can be beneficial for the victims of misconduct. A class action lawsuit provides accountability for an ill-behaved company while minimizing the effort required by any individual.

Class actions generally make sense when everyones losses are relatively minor, since it could be prohibitively expensive for persons with small losses to bring individual lawsuits.

However, if you have significant losses as the result of a company's misconduct, you to probably should consider opting out of class action litigation. As a member of the class, you are likely to receive only pennies on the dollar for your claim. By opting out of the class, you preserve your right to bring an individual claim and will not be bound by the results of a class action.

To Protect Your Rights, Act Promptly

If you have received notification that you have been included in a class action lawsuit, you must act promptly to preserve your rights and protect your interests. Failure to do so could result in your being trapped in the class action. Contact our offices to schedule an appointment with one of our lawyers. Find us online, or call us toll-free at 877-215-0593.