Class action and group litigation risk is the prospect that many individual grievances combine into a single large claim, multiplying exposure and putting the organisation's conduct on public trial. For a board the danger is underestimating an early cluster of complaints, missing the point at which individual issues acquire the commonality that supports a collective claim. This report explains how class and group actions are constituted in your chosen jurisdiction and industry, the certification or group-registration mechanisms, the role of litigation funders and claimant firms, realistic ranges for aggregate exposure and cost, and the warning indicators of consolidation, with guidance on when to engage class-action defence counsel and coordinate communications and insurance.
Reference material for informed readers, not advice.