
These engineers discover that the premature failure stems from a design defect present in thousands of GreenLeaf dryers sold across the country during the past three years. After hearing from several consumers who purchased the dryers and needed to replace the appliances shortly after purchase, the attorney decides to hire expert engineers to further investigate the matter. This will help them determine whether it would be worthwhile to file a case.įor Example: An attorney has reason to believe that Wessex's GreenLeaf dryers are breaking within three years of use. This is why many of the cases listed on our website are currently marked "under investigation." Often, attorneys will want to speak to consumers when trying to determine whether a class action can be filed. Research previous rulings and judicial opinions to determine if lawsuits involving similar claims were successful.Įnsure the potential defendant (the person or company being sued) is not shielded from liability because of a bankruptcy filing.ĭetermine if the client should file an individual lawsuit instead of a class action.Ĭourts will dismiss frivolous lawsuits, so it's important that the attorney properly evaluates the potential claim before filing a lawsuit. Past results do not guarantee future outcomes.Find out how many other people may have been injured in a similar way.įind out whether a lawsuit making the same allegations has already been filed.ĭetermine whether the person still has time to file a claim under the applicable statute of limitations (time limit for filing lawsuits).

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Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. Ībout Johnson Fistel, LLP: Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia.

For more information regarding the lead plaintiff process please refer to. An investor’s ability to share any potential future recovery of the Arqit class action lawsuit is not dependent upon serving as lead plaintiff. The lead plaintiff can select a law firm of its choice to litigate the class-action lawsuit. When the true details entered the market, the lawsuit claims that investors suffered damages.Ī lead plaintiff will act on behalf of all other class members in directing the Arqit class-action lawsuit. According to the lawsuit, defendants throughout the Class Period and in the Proxy Statement issued in connection to the Merger made false and/or misleading statements and/or failed to disclose: (1) Arqit’s proposed encryption technology would require widespread adoption of new protocols and standards of for telecommunications (2) British cybersecurity officials questioned the viability of Arqit’s proposed encryption technology in a meeting in 2020 (3) the British government was not an Arqit customer but, rather, providing grants to Arqit (4) Arqit had little more than an early-stage prototype of its encryption system at the time of the Merger and (5) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
