London's High Court. Credit: Krishnan Nair UK Residents Party to 8 Class Actions Each, Research Shows
People do not often know that they are involved in class actions, with the research showing the value of U.K. opt-out claims had increased by 48% in 2023.
July 31, 2024 at 06:26 AM
2 minute read
A recent report has found that class actions on behalf of 540 million U.K. members have been issued between 2015 and 2023—equivalent to just over eight actions for every individual.
The research by law firm CMS found that, as of the end of 2023, the total claimed value of class actions in the U.K.—including opt-in and opt-out—was in the area of €145 billion.
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