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News & Insights

Keep Up with Risk Settlements News, Blogs, Thought Leadership & Case Studies

Settling Class Actions, from the Defending Company’s Perspective

While class counsel has its own objectives when it comes to settling class action lawsuits, the defending company has fundamentally different analyses. First is whether it should settle the case at all, as there are often business reasons not to do so. For example, the company may not want the reputational hit, to invite regulatory scrutiny or to set a bad precedent by settling....

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Class Counsel’s Perspective on Class Action Settlements

When it comes to class action lawsuits, it is a universal truth that the class counsel will always want to settle. In fact, the sooner, the better as, class counsel is paid upon resolution. And, quicker resolutions, allowing the payment of a class benefit and a pathway to fees, are optimal. So, while defense counsel and the companies they represent consider whether settlement is even appropriate given legal and business interests, class counsel is already focusing on the structure of the settlement....

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What Type of Class Litigation is Best Suited for Insurance?

Deceptive or fraudulent marketing allegations, unpaid overtime, defective product claims and breaches of contract or warranty. These broad categories are just a few examples of the virtually countless types of class action litigation that can take full advantage of the benefits of Class Action Settlement Insurance (CASI) – the only insurance product available for existing class actions and their associated financial and business risks.

Wondering if you might be able to qualify for CASI? Learn about the types of settlements that work in conjunction with CASI and find explanations of potential class action cases by downloading the full Class Litigation and Insurance article below.

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Risk Mitigation and Settlement Strategies for Class Action Lawsuits

During the past decade, American businesses have seen a surge in consumer-driven class action lawsuits. Given the prevalence of these lawsuits, it is important to be vigilant in monitoring your business practices to avoid unnecessary exposure – and there are many steps that a company can take to do this.

To find out about these preventative measures, along with an in-depth explanation of class action terms, best practices and the ins and outs of how to deal with class action lawsuits, download the full Mealey’s Litigation Report article below.

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