Class Action Platinum Equities

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, multiple negligent companies, as an example, being sued by or persons. 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, workers, and residents over environmental disasters.

With a case, which can be filed in either federal or state court, class action has its pluses. Because a limited number of 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 do tend to have drawbacks. Before the lawsuit even moves forward, the prosecuting group must be defined as a class. Federal courts, as well, can 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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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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