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Consumer Fraud Class Action Lawsuits

Consumer Fraud: Protecting the Legal Rights of People Victimized by Deceitful Business Practices

Fraud comes in many shapes and sizes. From companies that sell defective products and banks that charge hidden fees, to insurers that make false promises and pyramid scheme operators designed to fleece investors of their money, scams cost hardworking people billions of dollars per year. At Glancy Prongay & Murray, each consumer fraud attorney at our firm is prepared to help people who have been subjected to deceitful business practices get the full compensation available under the law. We also work aggressively to ensure that those behind the fraud are made fully accountable. That often includes pursuing a class action lawsuit on behalf of a wide range of people who have been injured by the same or similar schemes.

Our firm combines decades of experience to provide comprehensive legal services for the people that we represent. We have a strong track record of success for clients in the courtroom and at the negotiating table, recovering billions of dollars for victims of consumer fraud and other wrongdoing. We are proud of our reputation among clients and in the legal community for providing professional, personalized and zealous services for the people that we represent.

Fraud Happens. Let a Consumer Fraud Attorney Help You

There are a wide variety of scammers out there running a broad range of schemes.

The most popular, according to the Federal Trade Commission, feature fraudsters pretending to be someone they’re not. They make phone calls posing as Internal Revenue Service agents seeking information for an urgent tax matter, for instance, or from another government office claiming that your Social Security Number has been “suspended.” The common thread is that the schemes are designed to get people to send money or hand over sensitive bank account and other information.

There are a seemingly endless number of other ways in which fraudsters try to disconnect people from their hard-earned cash:

  • Defective Cars: Defective automobiles roll off of the assembly line every day with significant defects that can be difficult to spot and can raise serious safety hazards for anyone on the road. Sadly, many car manufacturers are reluctant to take responsibility for these defects, whether by repairing the vehicle, taking it back and/or compensating owners and lessors.
  • False Advertising: Bait and switch scams, price deception, material omissions and inaccurate product descriptions are all designed to mislead consumers. Although consumers damaged by these practices may suffer relatively small losses when compared to other scams, false advertising often reaches a large swath of people who may be able to combine their claims into one single legal action.
  • Food and Supplement Labeling: Misleading labels that use terms like “natural” or “healthy” to coax people into buying them are a common example of consumer fraud. That includes descriptions that are likely to confuse consumers.
  • Insurance Fraud: Dishonest insurance companies may dangle all kinds of false promises and misrepresentations about their policies to get people to sign up for health, home, car, life and other types of insurance.
  • Billing Fraud: Unauthorized charges are a common type of scam in which businesses bury certain expenses in a bill to get consumers to pay up without ever noticing that they are being overcharged.
  • Ponzi Scheme: The king of the investment scams, Ponzi – or “pyramid” – schemes rip people off by inducing them to fork over money based on promises of significant returns later down the road. Fraudsters then use much of that money to pay some earlier investors and line their own pockets, eventually leaving the vast majority of investors empty-handed when the money runs out.

If you have been subjected to one of these or another scam, it is crucial to have an experienced consumer fraud attorney in your corner. A lawyer can help you seek a variety of legal remedies against fraudsters, including by joining with other people who have been victimized by the same scheme.

Understanding Class Action Lawsuits

The good news for anyone ripped off by fraudsters is that state and federal laws offer several protections. You have the right to go after deceptive businesses by filing a lawsuit seeking compensation for your losses.

In many cases, a consumer class action lawsuit offers many advantages to going it alone. A class action is a lawsuit in which many people join together to collectively pursue legal action. The benefit is that it allows class members to share any costs related to the lawsuit. That can be particularly useful for people who have been defrauded out of hundreds or thousands of dollars but are concerned about the cost of legal action.

The class action option also allows class members to leverage the combined total amount of their monetary damages. Although a single lawsuit seeking a couple hundred dollars may not get a large business’s attention, a class action with hundreds of members seeking hundreds of thousands or millions of dollars will.

Every consumer fraud attorney at the firm takes our class action cases on a contingency fee basis. That means we only get paid if we win the case, either at trial or through a negotiated settlement. This helps alleviate the financial burden for clients considering legal action for fraud.

Speak With a Consumer Fraud Attorney to Learn Your Rights 

If you or a loved one has been victimized by fraud, it is vital that you seek the counsel of an experienced consumer fraud attorney. A seasoned lawyer can help you understand your rights and options and build the strongest possible case against those responsible.

Glancy Prongay & Murray has been representing people in consumer, securities and other fraud cases for more than 25 years. We are proud to stand by clients in their ties of need and pleased to be able to guide them through the legal process. Call us at (310) 201-9150 or contact us online to speak with a consumer fraud attorney today.

Court Recognition

“And without question, the Court is of the opinion that the value of benefit that’s been conferred to the class is extremely sizable and that this Court is certainly aware that the skill and efficiency of plaintiff’s counsel is what attributed to this settlement, and they are learned securities counsel. The Court is mindful of that, and as a result they were able to sort of weed their way through the complex issues in this case, and also to bring this about — bring about a settlement rather in short order as these matters go. So the Court certainly attributes that to counsel’s skill and efficiency, as well as the ability to work with the adversaries in this matter.”

–Hon. Susan D. Wigention, U.S. District Judge, District of New Jersey

“Class Counsel has conducted the litigation and achieved the Settlement in good faith and with skill, perseverance and diligent advocacy”

— Hon. Donovan W. Frank, U.S. District Judge, District of Minnesota

“The court finds that the Settlement Fund… created by Class Counsel is an exceptional result… The settlement is significantly above the average securities class action settlement when measured as a percentage of losses recovered… The court finds that Class Counsel, particularly Co-Lead Counsel, exerted tremendous effort on behalf of the class in the prosecution of this action… The Court finds that Class Counsel skillfully prosecuted this action, particularly given that this case was unusually complex relative to most securities fraud class actions. ”

–Hon. Dickran M. Tevrizian (Ret.), U.S. District Court Judge, Central District of California

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