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Does It Benefit Me to Be the Lead Plaintiff in a Securities Fraud Class Action?

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If you’re a large investor asking if it benefits you to be the lead plaintiff in a securities fraud class action, the answer is frequently usually “yes.” Generally, the benefits including being able to play an active role in the litigation is in the investor’s favor. .

Talk to us at Silver Law Group if you believe you qualify to be the lead plaintiff in a securities fraud class action. Our experienced securities fraud attorneys can help you apply and, if successful, manage the litigation to a favorable conclusion.

Lead Plaintiffs Direct The Litigation

When securities fraud lawsuits are filed, the courts accept applications for a lead plaintiff for a class action. In general, this is the person or party who has the most at stake in the litigation and whose interests are representative of the other plaintiffs.

If the courts select you as lead plaintiff, you can work with Silver Law Group as the lead counsel. Our attorneys will prepare court filings and keep you informed of all developments, since your role is to manage the litigation.

The essential time commitment is generally non-invasive and includes  involves reviewing court filings and producing necessary documents. You are typically not required to attend hearings although your in-person participation is welcome and can be beneficial. You will also be expected to be deposed and to participate in discovery. 

Lead Plaintiffs Decide On Possible Settlement

Lead plaintiffs can be heavily involved in settlement negotiations. They can direct a negotiating strategy in consultation with our attorneys and set goals for an acceptable outcome to a securities fraud class action.

When a settlement is proposed, the lead plaintiff can decide whether or not to accept it. Specifics of the settlement, like whether it will be all cash or part cash and part stock, are subject to the lead plaintiff’s approval. 

There Is Limited Risks to Being A Lead Plaintiff

Sometimes people worry that being lead plaintiff will involve a huge time commitment, travel expenses, or even being on the hook if the litigation fails. These are rarely the obligations of the lead Plaintiff.  Lead plaintiffs have tasks and responsibilities. The attorneys at Silver Law Group are adept at using your time most efficiently. Traveling to attend court hearings is usually not required, and if you must be deposed for the litigation, it will be scheduled at a place and time that is convenient or reasonable for you.

Our firm works on a contingency fee basis, and handles all the expenses of litigation until the case concludes. When we are successful, appropriate attorneys’ fees are primarily determined and approved by the judge. As fees and expenses are paid from the settlement funds, there is no financial risk to being the lead plaintiff in a securities class action.

Talk To Our Securities Class Action Attorneys About The Advantages Of Being Lead Plaintiff

Many larger investors are used to calling the shots in their lives. Being the lead plaintiff gives you the opportunity to take the same role in a securities fraud class action lawsuit. Silver Law Group has an impressive record of success in securities fraud class actions and Ponzi scheme litigation. Get in touch with us today to discuss your application to be the lead plaintiff.

Client Testimonials
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"I cannot say enough how pleased I am with the services provided by Silver Law Group. If you need assistance in recouping your losses due to your broker's misconduct, give them a call!"
- Adam F.
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"Scott and his team represented me this week and I cannot say enough about the professionalism they had. Simply put, if you want the best outcome, you hire the best. Look no further than this firm. Thanks again Scott!!"
- Scott Ainsworth
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"Silver Law Group's assistance in handling my mother's case was invaluable. The attorneys guided us throughout the whole process and was successful in recovering my mother's losses."
- Rebecca F.
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"Mr Silver, Mr Schwamm, Amanda and Rebecca were all wonderful to work with. They were professional, pleasant and caring. I was so pleased with their accessibility, promptness in answering my question and the outcome reached. I highly recommend them."
- Donna Schwartz
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"Having been a Texas trial lawyer for 38 years, I have worked with and against hundreds of attorneys and know what makes them good and bad at their job. I was so fortunate to have Scott Silver represent me. I..."
- Richard Dodd
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"Scott Silver handled my mother's securities arbitration case and did an outstanding job. Not only did he negotiate a great settlement but, then, brought a second action after determining that the defendant failed to produce all documents during discovery. He,..."
- Matthew Weiss

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