As a general rule, class action lawsuits involve a group of people in some capacity: A collective class, even bound together over the issue of a broken product, suing a defendant, or a band of defendants, multiple negligent companies, for instance, being sued by an individual. While more class action lawsuits are filed on behalf of product liability claims, other types of cases end up in court, too, including groups of shareholders suing for business fraud, workers, and residents over environmental disasters.
Each case, which can be filed in either state or federal court, class action lawsuits has its pluses. Because fewer 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 class action even progresses, the collective group must be called a class. Federal courts, as well, can stop class actions if the defendants are state governments or officials or if the plaintiffs number less than 100.
Each case, which can be filed in either state or federal court, class action lawsuits has its pluses. Because fewer 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 class action even progresses, the collective group must be called a class. Federal courts, as well, can stop class actions if the defendants are state governments or officials or if the plaintiffs number less than 100.
Aegon Delivers Strong Underlying Earnings} responder] 2. • Roche • Schlumberger • Siemens • Philip Morris International • Telefonica • ConocoPhillips • CNOOC • Intel Corporation • Verizon Communications • Sinopec • PepsiCo • Merck • class="wikitable"
THE FIRST QUARTER REPORT 2007
OFFSHORE OIL ENGINEERING CO.,LTD. THE FIRST QUARTER REPORT 2007 Abbr.：CNOOC Engineering Code：600583 April 23, 2007