As an aside, class-action lawsuits seem less than ideal for the public. The awards benefit the lawyers and perhaps a small handful, but the actual plaintiffs only get $0.05. In addition, successful class-action suits prevent further litigation from being allowed for the same issue.
Individuals bringing their own lawsuits seems like it would affect better change as 1) the award money would be better distributed instead of concentrated and 2) the amounts levied against the companies would be higher and more of concern than the class-action slap-on-the-wrist they currently get.
How does this address the most common case where many people were harmed a modest amount? Causing $100 of harm to a million people is a huge amount of damage that should be punished, but nobody is going to launch a full independent lawsuit for $100.
A hundred million identical court cases might not be too good for the legal system
okay, what if the plaintiffs got "$50,000"? then to you, are class actions ideal for the public?
the flaw with class actions is not that they don't pay enough (or too much, to the wrong people) money. it's that they're reactive, which is to say, it's the same tradeoff with nearly all US commercial policy.
> successful class-action suits prevent further litigation from being allowed for the same issue.
Only if you don't opt out. Individuals who opt out of being part of the class can still file their own suits. (Although it's not clear how successful you will be if your situation/harm is not substantially different from the other members of the class.)