Mass tort lawsuits are a type of legal action that involves multiple plaintiffs alleging similar injuries against the same entity. Unlike class action lawsuits, which divide the settlement equally among all plaintiffs, mass torts allow each plaintiff to seek compensation for their individual damages. These claims can be complex, as no single entity is directly responsible for the incident. However, insurance companies that don't pay claims after a natural disaster can be held accountable through a class action tort lawsuit. In addition to natural disasters, dangerous products or harmful business practices can also result in massive tort litigation.
Examples include defective drugs and medical devices that can cause serious injury or even death. Whatever the reason, massive tort lawsuits allow a group of people to seek justice and compensation for their losses.
Differences Between Mass Torts and Class ActionsMass torts and class actions share some similarities, but there are several key distinctions between the two. In class action lawsuits, all plaintiffs are treated as one unit and receive an equal share of any settlement or verdict. In contrast, mass torts allow each plaintiff to pursue their own individual claim.
Benefits of Mass Tort LawsuitsOne of the advantages of pursuing a massive grievance is that it allows injured parties to pool their resources to file a more effective legal challenge.
The most common way mass tort lawyers are paid is through a contingency fee, which means that the lawyer is only paid if they win the case.