Truth 44. Annuities and class actions

"Litigation is the basic legal right which guarantees every corporation its decade in court."

—David Porter

Being classy is a good thing. Being a part of a class action is both a good thing and a bad thing. On the one hand, it means that you share a grievance with many other people similarly situated. You are not alone. Misery may love company. When it comes to a class action, however, it also means that you are part of a lawsuit that combines the clout of many people joined with a generally strong legal team fighting for your rights without your having to contribute much, if anything, toward the case against the company that may have harmed you.

Class actions are lawsuits filed by people who allege that ...

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