Class Action Asbestos Settlements

On a very general level, class action lawsuits involve a large group of people in some capacity: A collective class, even bound together over the issue of a defective product, suing a defendant, or a band of defendants, multiple negligent companies, for instance, being sued by an individual. While most class action lawsuits are filed on behalf of product liability claims, other types of cases end up in court, too, including shareholders suing for corporate fraud, employees for discrimination, and residents over environmental disasters.

With a case, which can be filed in either state or federal court, class action lawsuits has its pluses. Because a limited number of witnesses overlap, the trial process understandably moves along more efficiently, while the overall cost of litigation tends to be lower than for individual plaintiffs filing alone.

On the other hand, these types of cases also tend to have drawbacks. Before the lawsuit even moves forward, the prosecuting group must be called a class. Federal courts, as well, can stop class action lawsuits if the defendants are state governments or officials or if the plaintiffs number less than {one hundred,100.

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