How US corporate claimants can maximize recoveries by opting out of class actions
Summary
For a corporate litigant, pursuing a claim as an individual plaintiff could mean getting back three to ten times more than it would by remaining a regular class member. Legal finance providers like Burford help CFOs and GCs understand and value their opt-outs so they can make thoughtful decisions about their litigation and uphold their fiduciary duty.
In the US, the existence of a putative class action presents harmed class members with two options: Remain a member of the class or opt out and bring action as an individual plaintiff. “Opting out” refers to the decision not to participate in a class action…
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