My neighbors and I are inquiring about a class action lawsuit pertaining to losses incurred by hurricane Irene back in august 2011 can we still file a

You may be out of time to file this litigation.  There is something called the Statute of Limitations that bars claims that are too old.  It begins when you knew, or should have known about the issue.  If there was some reason you did not know there was an issue until just recently, or something else that bars the Statute, then you may still be able to bring a claim.