Class Action Suit

On a very general level, class action lawsuits involve a large group of people in some capacity: A collective class, held together over the issue of a broken product, suing a defendant, or a band of defendants, individual negligent companies, for instance, being sued by or persons. While more class action suits are filed for product liability claims, other case types end up in court, too, including groups of shareholders suing for corporate fraud, employees for discrimination, and residents over environmental disasters.

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

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

Talk:Derivative suit – Wikipedia, The Free Encyclopedia
How does a derivative suit differ from a securities class action suit? I couldn't find an article on the latter. Dandube 17:11, 15 November 2007 (UTC)

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