Class Action Suit

As a general rule, class action lawsuits involve a large group of people in some capacity: A collective class, formed 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 or persons. While most class action suits are filed on behalf of 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 can be filed in either federal or state court, class action lawsuits has its benefits. Because a limited number of witnesses overlap, the trial process inevitably moves along faster, while the overall cost of litigation tends to be lower than for one off 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 called 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.

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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