Class Action Harp 2 Against Bank Of America

As a general overview, class action lawsuits involve a large group of people in some capacity: A collective class, held together over the issue of a defective product, suing a defendant, or a group of defendants, individual negligent companies, as an example, being sued by an individual. While most class action suits are filed on behalf of product liability claims, other types of cases also conclude in court, too, including groups of shareholders suing for fraud, workers, and residents over environmental disasters.

With a case, which may be filed in either state or federal court, class action lawsuits has its benefits. Because less witnesses overlap, the trial process inevitably moves along more efficiently, while the cost of litigation tends to be lower than for separate 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 called a class. Federal courts, as well, may conclude class actions if the defendants are state governments or officials or if the plaintiffs number less than {one hundred,100.

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