Class Cours Action Bnp Paribas

On a very general level, class action lawsuits involve a 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, individual negligent companies, as an example, being sued by an individual. While more class action suits are filed for product liability claims, other types of cases end up in court, too, including shareholders suing for fraud, workers, and residents over environmental disasters.

Each case, which may be filed in either federal or state court, class action has its pluses. Because less witnesses overlap, the trial process understandably moves along more efficiently, while the overall 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 progresses, the prosecuting group must be defined as a class. Federal courts, as well, may 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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