FCA: 70% of class action lawsuits are closed within 2 years
51% of class actions are unsuccessful
Class action: split costs and damages between members of action
Dow Corning Case: ruptured breast implants, 3000 women received $32m, took 10 years
“It was not enough, they should have been awarded more”
Volkswagen 2019: cars not complying with diesel standards, consumers got between $1500 and $6500.
M. Legg 2015: “more efficient than numerous individual suits, saving resources”