The lead plaintiff is a proactive member of the class who acts as a representative party for all members of the class. Your participation as a lead plaintiff helps to convey the importance of the lawsuit. This is true whether you are a small investor or an institutional investor. By taking a proactive role, you are also demonstrating to the court that investors are serious about prosecuting their claims and that you – as one of many aggrieved members of the class – are committed to proceeding with the action to its conclusion.
Why should I apply for lead plaintiff status?