Class actions

We support class actions with loss modelling, data-driven quantum analysis and settlement administration, helping parties manage complexity across large claimant groups.

Class actions are legal proceedings in which a large group of people who have been affected in a similar way, or by the same conduct, can bring a claim. 

Grant Thornton has extensive experience across all phases of a class action, including:

• Exposure and loss modelling
• Data collection and verification workflows
• Expert reports and expert evidence
• Settlement calculations and distribution support
• Claim initiation: Initial loss assessment
• Book building: Secure claimant registration and evidence collection with auditable workflows.
• Litigation: Our expert accountants calculate loss, prepare expert reports and give evidence in Courts
• Administration: Where appointed, we can act as scheme administrator, applying robust claims assessment, governance and payment controls across high volumes of claimants. Our forensic team analyse financial claims, while our insolvency team specialise in dealing with large numbers of creditors and making payments.