Class Action Platinum Equities

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 broken product, suing a defendant, or a group of defendants, multiple negligent companies, as an example, 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 fraud, employees for discrimination, and residents over environmental disasters.

With a case, which may be filed in either state or federal court, class action lawsuits has its benefits. Because less witnesses overlap, the trial process understandably moves along more efficiently, while the 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 moves forward, the prosecuting group must be named as a class. Federal courts, as well, may conclude 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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