Class Action Lawsuit American General Finance Company

As a general rule, class action lawsuits involve a large group of people in some capacity: A collective class, even bound together over the issue of a misrepresented product, suing a defendant, or a band of defendants, individual negligent companies, for instance, being sued by or persons. While most class action suits are filed for product liability claims, other case types end up in court, too, including groups of shareholders suing for fraud, workers, and residents over environmental disasters.

Each case, which can be filed in either state or federal court, class action has its benefits. Because a limited number of witnesses overlap, the trial process inevitably moves along more efficiently, while the overall cost of litigation tends to be lower than for individual plaintiffs filing alone.

Additionally, these types of cases also tend to have drawbacks. Before the class action even progresses, the prosecuting group must be named as a class. Federal courts, as well, can 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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– | American Conference Institute
American Conference Institute's 17th National Conference on Senior Vice President and Deputy General Counsel Exeter Finance Corp. Michael B. Goldberg Senior Counsel Wells Fargo Bank, Consumer Finance Class Action Litigation and Settlement Trends and New and Emerging Procedural

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Eric P. Berlin – Jones Day
Et al. v. American General Finance Incorporated and American General Finance Corporation, No. 96- Company in class action brought by homeowner and those similarly situated alleging breach of easement getting the first class action lawsuit filed in Illinois by private

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