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It is not uncommon for banks, insurance companies, and other financial institutions to violate the law. These laws may concern lending, sales, or other business practices.
Companies sometimes sell a poorly manufactured or defective product that leads to consumer injuries. Other times, businesses will engage in deceptive advertising and/or fail to reveal certain fees.
If you have been the victim of bank fraud, a faulty product or false advertising, you may be able to seek recourse in court by filing a consumer fraud claim.
Consumer fraud and consumer class action lawsuits are civil actions brought on by one or more individuals on behalf of themselves and a larger group that has been the victim of the same or comparable experience.
The purpose of a class action is to secure a judicial remedy with the goal of eliminating the injury or wrongdoing to the involved individuals. A class action seeks to compensate these individuals for their suffering, and can involve hundreds, or even millions of people with similar claims. When a court certifies a class action, it allows all these different claims to be heard and ruled on in one trial.
Some common instances of fraud include:
Other areas of fraud and misconduct include:
If you have been the victim of fraud or wrongdoing by a business, corporation, or organization, you are not powerless. If you have been a victim, please contact the experienced consumer fraud lawyers at Jacoby & Meyers today to arrange an appointment.
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