Class Cours Action Bnp Paribas

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 faulty product, suing a defendant, or a band of defendants, multiple negligent companies, for instance, being sued by an individual. While more class action suits are filed on behalf of product liability claims, other types of cases also conclude in court, too, including groups of shareholders suing for corporate fraud, employees for discrimination, and residents over environmental disasters.

With a case, which may be filed in either federal or state court, class action has its pluses. Because a limited number of witnesses overlap, the trial process understandably moves along more efficiently, 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 class action even progresses, the prosecuting group must be named as a class. Federal courts, as well, may stop class actions if the defendants are state governments or officials or if the plaintiffs number less than {one hundred,100.

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