Lead plaintiff: Difference between revisions
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In a [[class action]], the lead plaintiff is the named individual who files the suit on behalf of all the claimants<ref name=":0">https://www.classaction.org/blog/what-does-it-mean-to-be-the-lead-plaintiff-in-a-class-action-lawsuit</ref> | In a [[class action]], the lead plaintiff is the named individual who files the suit on behalf of all the claimants.<ref name=":0">{{Cite web |last=Rizzi |first=Corrado |date=27 Apr 2023 |title=What Does It Mean to Be the Lead Plaintiff in a Class Action Lawsuit? |url=https://www.classaction.org/blog/what-does-it-mean-to-be-the-lead-plaintiff-in-a-class-action-lawsuit |url-status=live |access-date=20 Mar 2025 |website=ClassAction.org}}</ref> | ||
== Selection == | ==Selection== | ||
The lead plaintiff must be typical of the group they are representing, so they must also be personally affected by the issue the lawsuit is | The lead plaintiff must be typical of the group they are representing, so they must also be personally affected by the issue the lawsuit is addressing. They will also be expected to be capable of handling the legal work involved.<ref name=":0" /><ref>{{Cite web |date=3 Nov 2018 |title=Class Action Rule 23(a) Prerequisites Standards Chart (2d Cir.) |url=https://www.lexisnexis.com/community/insights/legal/practical-guidance-journal/b/pa/posts/class-action-rule-23-a-prerequisites-standards-chart-2d-cir |url-status=live |access-date=20 Mar 2025 |website=LexisNexis}}</ref> | ||
== Responsibilities == | ==Responsibilities== | ||
The lead plaintiff's role is significantly more active and involved than the other members of the "class" (the claimants), as the lead plaintiff must attend hearings and strategy sessions, in addition to consulting with lawyers and expert witnesses<ref name=":0" /> | The lead plaintiff's role is significantly more active and involved than the other members of the "class" (the claimants), as the lead plaintiff must attend hearings and strategy sessions, in addition to consulting with lawyers and expert witnesses.<ref name=":0" /> | ||
In addition, the lead plaintiff must review any settlement offered by the defendant and decide whether to accept or proceed to court. | In addition, the lead plaintiff must review any settlement offered by the defendant and decide whether to accept or proceed to court. | ||
== Compensation == | ==Compensation== | ||
To compensate them for the inconveniences and work involved, the court will award the lead plaintiff some amount of compensation if the case is successful.<ref name=":0" /> | To compensate them for the inconveniences and work involved, the court will award the lead plaintiff some amount of compensation if the case is successful.<ref name=":0" /> | ||
== References == | ==References== | ||
{{Reflist}} | |||
[[Category:Common terms]] | [[Category:Common terms]] | ||
Latest revision as of 14:23, 20 March 2025
In a class action, the lead plaintiff is the named individual who files the suit on behalf of all the claimants.[1]
Selection[edit | edit source]
The lead plaintiff must be typical of the group they are representing, so they must also be personally affected by the issue the lawsuit is addressing. They will also be expected to be capable of handling the legal work involved.[1][2]
Responsibilities[edit | edit source]
The lead plaintiff's role is significantly more active and involved than the other members of the "class" (the claimants), as the lead plaintiff must attend hearings and strategy sessions, in addition to consulting with lawyers and expert witnesses.[1]
In addition, the lead plaintiff must review any settlement offered by the defendant and decide whether to accept or proceed to court.
Compensation[edit | edit source]
To compensate them for the inconveniences and work involved, the court will award the lead plaintiff some amount of compensation if the case is successful.[1]
References[edit | edit source]
- ↑ 1.0 1.1 1.2 1.3 Rizzi, Corrado (27 Apr 2023). "What Does It Mean to Be the Lead Plaintiff in a Class Action Lawsuit?". ClassAction.org. Retrieved 20 Mar 2025.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Class Action Rule 23(a) Prerequisites Standards Chart (2d Cir.)". LexisNexis. 3 Nov 2018. Retrieved 20 Mar 2025.
{{cite web}}: CS1 maint: url-status (link)