Lead plaintiff
In a class action, the lead plaintiff is the named individual who files the suit on behalf of all the claimants.[1]
Selection edit
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
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
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
- ↑ 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)