Class Action Harp 2 Against Bank Of America

As a general overview, class action lawsuits involve a group of people in some capacity: A collective class, formed together over the issue of a faulty product, suing a defendant, or a band of defendants, multiple negligent companies, as an example, being sued by an individual. While most class action lawsuits are filed on behalf of product liability claims, other case types end up in court, too, including groups of 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 has its benefits. Because fewer witnesses overlap, the trial process inevitably moves along faster, while the cost of litigation tends to be lower than for one off plaintiffs filing alone.

On the other hand, these types of cases also tend to have drawbacks. Before the lawsuit even progresses, the prosecuting 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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