Frequently Asked Questions
Looking for more information? Check out our list of frequently asked questions below. Still need help? Contact BR&B today using our contact form.
Does an investor need to pay anything out of pocket to retain counsel in a class action?
Does an investor have to keep their stock in order to participate in the case?
What risk is there for an investor to be a plaintiff in a securities class action?
How do investors recover their losses?
Can an investor recover 100% of their losses?
How is the amount of recovery calculated?
What kinds of laws and regulations allow an investor to participate in a class action?
In what situations should an institutional investor consider being involved in a class action?
Does an institution need any legal expertise?
How does an institution’s participation in the action help the case or the institution?
How does an institution know if it has a case?
How does an institution start a class action?
Why should an institution become a lead plaintiff?
Won’t an institution be hurting itself and its beneficiaries as shareholders of a company if it joins a lawsuit against the company in which it owns stock?
How much can an institution recover in a class action?
What must an institution do when it wants to participate as a lead plaintiff in a class action?
What is the institution’s role in a class action?
Does an institution have any obligations and responsibilities if it participates in a class action?
Can an institution pursue class actions in other countries?
Can institutions choose a law firm?
Does an institution have to contact a broker?
Does an institution have to contact an issuing company?
Does an institution have to contact other class members?
What kinds of securities monitoring services can an institution get?
What is the “lead plaintiff”?
What is the difference between a plaintiff and a lead plaintiff?
What are the duties and responsibilities of the lead plaintiff?
What kind of securities are eligible for a class action?
How are the lawyers paid?
How long do these cases take?
Who undertakes the burden of prosecuting the action?
Who finds the members of the class?
Why does only the U.S. have class actions?
In which fields of law are class actions appropriate?
What is required to participate a class action?
Is there a particular expiration date and time schedule for a class action?
What kind of certificate is required to join a class action? (Who prepares it?)
Is the case treated in a private manner?
Is it possible to quit a class action before completing the case?
What happens to the case if the company (defendant) becomes bankrupt during the case?
Can I access information about class actions through the Internet?
Can an institution directly contact Barrack, Rodos & Bacine?
Who should institutions contact when they have a question?