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 misrepresented product, suing a defendant, or a group of defendants, multiple negligent companies, as an example, being sued by or persons. While more 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 corporate fraud, workers, and residents over environmental disasters.

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

Additionally, these types of cases also tend to have drawbacks. Before the lawsuit even moves forward, the collective group must be named as a class. Federal courts, as well, may dismiss class actions if the defendants are state governments or officials or if the plaintiffs number less than {one hundred,100.

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