Class Action Asbestos Settlements

As a general overview, class action lawsuits involve a band of people in some capacity: A collective class, formed together over the issue of a faulty 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 for product liability claims, other case types also conclude in court, too, including shareholders suing for fraud, workers, and residents over environmental disasters.

With a case, which can be filed in either federal or state court, class action lawsuits has its benefits. Because a limited number of witnesses overlap, the trial process inevitably moves along faster, 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 defined as a class. Federal courts, as well, can 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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