Class Action Platinum Equities

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

With a case, which can be filed in either state or federal court, class action lawsuits has its benefits. Because fewer 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 also tend to have drawbacks. Before the lawsuit even moves forward, the prosecuting group must be defined as a class. Federal courts, as well, can 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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09/10 Important Information about Platinum Equities Class Action Lawsuit more 09/10 CBC The National reports on Platinum Equities Class Action Lawsuit more 09/06 Platinum Class Action Statement of Claim being Amended more

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Morgan Stanley settled a class action lawsuit on March 2, 2006. Ted Pick: Global Head of Equities; Jim Rosenthal: Chief Operating Officer; Colm Kelleher: President, Institutional Securities; Board of Directors: James P. Gorman; Erskine B. Bowles;

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