A class action provides one legal case and isa more efficient legal process and lower legal costs (in theory) and useful tool when dealing with large global corporations.
In theory, yes. I believe the prospects of the defendant being successfully sued goes up dramatically with a well-executed class action suit.
>> Yes, the defendant 'loses'.
>> The plaintifs' lawyers win.
>> In fact, the defendant's lawyers 'win' as well.
>> What do the
individual plaintiffs actually 'win'? Do they ever recover more than 25% of their losses? (And I'm being generous here.)
In the NW, thousands of homeowners found mushrooms growing in their LP manufactured siding. Some of them (by no means all), received about $1,500 toward the $10K-$12K required to have the siding replaced. Underlying structural damage? More tough luck.
About 8 years ago, tens of thousands of water heaters were sold with faulty dipper tubes (a $5 part). When it disintegrated (and they
all disintegrated), they ruined the entire unit. Despite a 'successful' class action suit, we learned all this after the deadline and had to replace two water heaters in a duplex we own.

The plumbing supply house was 'sympathetic' as we wrote the check.
Beyond the 'theory'. any examples of
real benefit to the plaintiffs? Getting back to the point of this thread, are the Yanmar owners celebrating? Or did they just not get screwed quite so bad as they would have otherwise?
Maybe all plaintiffs should get compensated DOUBLE to compensate for lost time, lost opportunities, etc.
iggy