Class Action Asbestos Settlements

As a general overview, class action lawsuits involve a band of people in some capacity: A collective class, held together over the issue of a defective product, suing a defendant, or a group of defendants, individual negligent companies, as an example, being sued by a single person. While most class action suits are filed for product liability claims, other types of cases also conclude in court, too, including shareholders suing for fraud, employees for discrimination, and residents over environmental disasters.

With a case, which may be filed in either state or federal court, class action has its benefits. Because a limited number of witnesses overlap, the trial process inevitably moves along faster, while the cost of litigation tends to be lower than for one off plaintiffs filing alone.

Additionally, these types of cases do tend to have drawbacks. Before the class action even moves forward, the prosecuting group must be called a class. Federal courts, as well, may stop class actions if the defendants are state governments or officials or if the plaintiffs number less than {one hundred,100.

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