Class Action Gold Zurich Bank

As a general rule, class action lawsuits involve a group of people in some capacity: A collective class, held together over the issue of a misrepresented product, suing a defendant, or a band of defendants, multiple negligent companies, as an example, being sued by a single person. While more class action lawsuits are filed for 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.

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

On the other hand, these types of cases do tend to have drawbacks. Before the class action even progresses, the collective group must be named as a class. Federal courts, as well, may dismiss 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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Credit Suisse Group AG is a Switzerland -based multinational financial services holding company headquartered in Zurich that operates the Credit Suisse Bank and other financial services investments. The company is organized as a stock corporation with four divisions: Investment Banking, Private

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List Of banks In Switzerland – Wikipedia, The Free Encyclopedia
WIR Bank; Zurich Cantonal Bank; Family Owned Swiss Banks . La Roche & Co. Lombard, Odier, Darier, Hentsch & Cie; Pictet & Cie; Swiss branches of international banks Belgium . AXA Bank Europe, Brüssel, Zweigniederlassung Winterthur;