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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 broken product, suing a defendant, or a group of defendants, multiple negligent companies, for instance, being sued by or persons. While most class action lawsuits are filed on behalf of product liability claims, other types of cases end up in court, too, including shareholders suing for fraud, employees for discrimination, and residents over environmental disasters.

Each case, which may be filed in either federal or state court, class action has its pluses. 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 one off plaintiffs filing alone.

Additionally, these types of cases do tend to have drawbacks. Before the lawsuit even progresses, the prosecuting group must be called 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;