Class Action Cyprus

As a general rule, class action lawsuits involve a group of people in some capacity: A collective class, formed 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 more class action suits are filed for product liability claims, other case types end up in court, too, including shareholders suing for fraud, workers, and residents over environmental disasters.

Each case, which may be filed in either federal or state court, class action lawsuits has its pluses. Because fewer witnesses overlap, the trial process understandably moves along faster, while the cost of litigation tends to be lower than for separate plaintiffs filing alone.

Additionally, these types of cases also tend to have drawbacks. Before the lawsuit even progresses, the collective group must be named as a class. Federal courts, as well, may conclude 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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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK …
CLASS ACTION COMPLAINT Master File No. 01-CV-11814 —–X Lead Plaintiff, the Teachers’ Retirement System of Louisiana Cyprus at the corner of Leontios and Gregoris Afxentiou Streets, Romantzo Court, 2nd Floor, CY-3020. 30.

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UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY
Cyprus Amaz Minerals Co., No. 17398, 1999 WL 1054255, at *2 (Del. Ch. Sept. Supp. 2d 706 and crediting three studies of class action settlements that found that awards from between 25-31% were “average” and “fairly standard”); Safety

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