Is there any cost for participating in or leading a class or representative action?

In most shareholder class actions, there are no direct costs to the parties bringing the action. This is true with all cases brought by Abraham, Fruchter & Twersky, LLP. We bring cases on what is known as a contingent fee basis. This means that we will advance all of the expenses involved in the case and only seek a fee from any recovery or from the defendants as the court may approve upon a successful resolution of the case. In the absence of a successful recovery, no fee will be charged to any plaintiff.