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, even bound together over the issue of a defective product, suing a defendant, or a band of defendants, individual negligent companies, as an example, being sued by an individual. While more 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 business fraud, employees for discrimination, and residents over environmental disasters.

With a case, which may be filed in either federal or state court, class action has its benefits. 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 separate plaintiffs filing alone.

On the other hand, these types of cases do tend to have drawbacks. Before the class action even progresses, the prosecuting group must be defined as a class. Federal courts, as well, may stop 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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