Auction Rate Securities Attorneys

Why should I file an individual claim instead of participating in a class action lawsuit?

Williams Kherkher is filing individual arbitration claims instead of class action lawsuits for three important reasons. First, it is extremely difficult to build a class action on misrepresentation or fraud claims. A class action requires similar loss situations, but each individual ARS case presents a unique set of facts and issues. Second, class actions can take several years, whereas Williams Kherkher anticipates resolving arbitration claims within 6 to 9 months of the date of filing. Finally, investors who participate in class actions will likely recover only pennies on the dollar, assuming the lawsuits succeed.