New York City Class Action Lawsuit Attorneys

How Do Class Action Lawsuits Work?

Class action lawsuits in New York allow a group of individuals, who have suffered similar harm or losses, to collectively bring a single lawsuit against a defendant. This type of litigation is efficient and cost-effective, as it consolidates numerous individual claims into one case. If you believe you have been wronged by deceptive practices, consumer fraud, or any other misconduct, consulting with experienced New York City class action attorneys is crucial.

Class action lawsuit lawyers typically start by evaluating whether your case meets the requirements for class certification, such as commonality and adequacy of representation. Once the class is certified, the lawsuit proceeds through discovery, where evidence is gathered, followed by negotiations or trial. Winning a class action can result in compensation for damages, changes in business practices, and more. For detailed advice tailored to your situation, contact seasoned New York City class action attorneys at Newman Ferrara LLP to guide you through this complex process.

Consumer Fraud & Products Liability

Newman Ferrara advises and represents clients who have purchased defective goods, services, or have been deceived through misleading and fraudulent billing and marketing practices. The general public suffers significant harm when companies knowingly engage in deceptive business practices and when companies' guarantees about their products are not met.

The firm's attorneys have a long record of fighting business practices that are deceptive, and in challenging companies who produce defective products. Newman Ferrara attorneys have obtained substantial financial compensation for clients who have been harmed as a result of defective products. The firm is committed to achieving results for their clients, and has the expertise and resources to effectively do so.

ERISA Litigation

Employees and those planning retirement rely on the effective management of benefit plans. Accordingly, the law places a high emphasis on protecting employees and other beneficiaries by placing great burdens on those who are in charge of administering the benefit plans. The Employee Retirement Income Security Act ("ERISA") is the primary enforcement mechanism to ensure the rights of employees, and guarantees that traditional pension plans, 401(k) plans, stock ownership plans, healthcare plans, and disability plans are properly maintained by employers.

Under ERISA, those involved in the administration of employee benefit plans have a fiduciary duty to prioritize the interests of the plans' participants and beneficiaries. ERISA provides a scheme to enforce any violations that occur under the law.

Newman Ferrara represents those individuals who have suffered as a result of ERISA violations. The firm's attorneys have served as lead or co-counsel in many ERISA class actions and related benefits actions, and have recovered substantial sums in these matters.

Mergers & Acquisitions

Corporate directors owe fiduciary duties to the corporation and its shareholders, requiring them to exercise their best judgment in good faith and in a prudent manner, and to always act in the best interests of the corporation and its shareholders. In mergers, acquisitions, and other changes of corporate control, these fiduciary duties require directors to take all reasonable steps necessary to obtain the maximum value available for shareholders.

Shareholder class actions and derivative litigation are powerful tools to protect shareholders’ rights against directors who fail to act in the best interests of shareholders to maximize shareholder value in corporate mergers and acquisitions. Newman Ferrara is highly experienced in pursing actions to protect the interests of shareholders from corporate misconduct and holding those directors and officers who breached their trust accountable for their actions.

Securities Fraud

Those who invest in securities markets rely on the integrity and responsibility of corporate officers and directors. Executive officers who mislead investors by publishing false and/or misleading information about a company's financial status raises the company's stock value, but when the underlying fraudulent practice becomes known to the public, those who invested in the stock suffer a great financial loss. Newman Ferrara strives to protect investors and zealously pursues the rights of those who seek to recover their investment losses.

With a national practice based in New York City, Newman Ferrara's legal expertise includes investigating and litigating against those companies who violate the law by misinforming their investors of the company's financial status. The firm's attorneys have successfully represented numerous clients, and won significant cases for clients, obtaining large sums to redress the client's loss.

Shareholder Actions

Directors and officers of corporations are supposed to act responsibly in protecting the interests of shareholders, but unfortunately, breaches of duty do occur through cover-ups, misleading investors, false statements, and reckless business judgment.

Class actions and shareholder derivative litigation are powerful tools to protect investors' rights from such breaches of duty, and Newman Ferrara is experienced in pursuing shareholder suits and derivative actions in order to protect investors from corporate misconduct and holding those who breached their trust accountable for their actions.

Whistleblower Litigation

An individual who discloses non-public, original information about fraudulent or unethical conduct occurring at a company is called a "Whistleblower." Under a number of state and federal laws, whistleblowers can be protected from retaliation and may be entitled to significant rewards for coming forward with information that leads to a successful prosecution of a company or individual.

Types of Whistleblower actions include:

False Claims Act, a statute that authorizes private citizens to sue companies and individuals that defraud the government. False Claims Act whistleblowers may be able to obtain a percentage (as much as 30%) of any funds recovered through a successful prosecution.

Dodd-Frank Act, authorizes corporate insiders who report non-public, original information of a fraud, including violations of the federal securities laws (i.e., false or misleading statements to investors), to report such information and become eligible for a percentage of any recovery achieved through a successful enforcement action.

Don't Wait. Call (212) 619-5400 to Get Started

Having a skilled law firm on your side is essential when dealing with legal issues like shareholder lawsuits, consumer fraud, products liability, ERISA litigation, mergers and acquisitions, securities fraud, and whistleblower litigation. Our team of experienced New York City class action lawyers at Newman Ferrara LLP is committed to defending our clients' rights and pursuing the justice they are due.

Our firm has the experience to handle a wide range of difficult legal situations, whether you are a shareholder trying to hold corporations accountable, a victim of fraud, or a whistleblower hoping to reveal injustice. We will put out endless effort to secure the best result for your case because we have a thorough knowledge of the nuances of the law.

Reach out to Newman Ferrara LLP to book a consultation and discover how we can support you through the legal process and stand up for your rights.