What is a Class Action?

A class action lawsuit is a legal action taken by a group of individuals, businesses or investors, against the same party. Also known as group litigation and may result in a group litigation order. Sometimes, class actions or group litigations are conventional litigation claims which the court has directed to be tried together. 

These actions are often brought against large organisations who are well-resourced and able to engage the best legal teams, therefore an imbalance of power is a common occurrence. However, we can offer financial solutions for various forms of class action claims; connecting you easily with third-party funders thanks to our intuitive one-form procedure.

Litigation Funding and Class Actions

For funders, class actions or group litigation are often very appealing cases due to a variety of factors, but primarily because the size of the claim is often significant due to the number of claimants. 

There is significant growth in class actions and group litigation funding, and we forecast that this trend will continue.

There are many funders interested in this specific type of dispute. Funders will not only be able to provide capital for the case – reducing your own risk – but they can also offer their own expertise as to how to structure the funding.

FINLEGAL.IO and Class Action Funding

FINLEGAL.IO’s unique and intuitive one-form single application system is designed to suit a wide range of claims, no matter the size or nature. Through a combination of funding, technology and people, we are able to save crucial time for both lawyers and funders.

Our team of experts have built a process that helps lawyers construct a well-written and structured request for class action litigation funding. Using our video guides and tips on using the right language, you will produce a request with the best chance of securing funding.

When your litigation funding request is complete, it will reach a single market filled with funders seeking their perfect match. Be assured when using FINLEGAL.IO that all compliance requirements are met and that your case is on course to receive the best commercial terms for third-party funding.

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