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As a general rule, class action lawsuits involve a group of people in some capacity: A collective class, even bound 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 or persons. While most class action suits are filed on behalf of product liability claims, other types of cases end up in court, too, including groups of shareholders suing for business 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 pluses. Because less witnesses overlap, the trial process inevitably moves along faster, while the overall 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 class action even progresses, the collective group must be defined 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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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;