These expenses include such things as filing fees, deposition expenses, copying costs, long-distance telephone charges, delivery charges, expert's fees for consultation or testifying, and any travel expenses. The lawyer should advise you concerning anticipated expenses. A class action is appropriate in cases in which the named plaintiff alleges that the defendant committed the same wrong to large group of persons. The advantages of class action are that the claims of a large group of injured persons can be decided in one suit rather than in hundreds or thousands of individual lawsuits. By aggregating claims with those of the entire class, the named plaintiff is frequently able to pursue a claim that would be too expensive to prosecute on an individual basis.
Shareholders have a limited right to participate in the governance of a corporation.
Even if a shareholder believes that corporate management has abused its power or received illegal profits, the shareholder may not be permitted to sue in his own name due to the fact that the claim actually belongs to the corporation. In that instance, the shareholder may be able to sue the company's officers and directors in the name of the corporation. In a shareholder derivative suit, all shareholders benefit if a recovery is received by the corporation. Typically, the attorney who handled the case is compensated out of the corporation's recovery. You are entitled to file your complaint in court unless you signed a written customer agreement that contains an arbitration clause.