Holy insanity.
We have been tracking the impressive increase in TCPA cases year over year but October was really one for the record books.
TCPA class action filings spiked 43% above October, 2022–continuing an overall trend of MUCH more TCPA class action activity in 2023 over 2022.
And if that wasn’t eye popping enough for you– 69% of all TCPA cases were filed as class actions. That’s 7 out of every 10 cases.
My goodness.
I have never seen anything like this– no one has. A federal statute that is generating many times more class actions than individual suits? Such a thing has never existed before.
Indeed, other statutes generate single digit class litigation.
Just unbelievable.
And once the FCC’s new ruling takes effect we can foresee a further spike in TCPA class litigation.
The TCPA really is a once in a generation opportunity for plaintiff’s lawyers to get rich, and man are they taking it.
If you don’t already have it, now would be a GREAT time to request our 2023 TCPA Annual review, presented by TrustedForm!