As a general overview, class action lawsuits involve a group of people in some capacity: A collective class, held together over the issue of a misrepresented product, suing a defendant, or a group of defendants, multiple negligent companies, for instance, being sued by or persons. While most class action lawsuits are filed on behalf of product liability claims, other case types 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 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.
On the other hand, these types of cases also tend to have drawbacks. Before the class action even progresses, the prosecuting group must be named as a class. Federal courts, as well, may conclude class action lawsuits if the defendants are state governments or officials or if the plaintiffs number less than 2014 /PRNewswire/ — Solid growth in underlying earnings before tax Underlying earnings up 7% to EUR 491 million} responder] 2. • Roche • Schlumberger • Siemens • Philip Morris International • Telefonica • ConocoPhillips • CNOOC • Intel Corporation • Verizon Communications • Sinopec • PepsiCo • Merck • class="wikitable"
Each 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 overall cost of litigation tends to be lower than for one off plaintiffs filing alone.
On the other hand, these types of cases also tend to have drawbacks. Before the class action even progresses, the prosecuting group must be named as a class. Federal courts, as well, may conclude class action lawsuits if the defendants are state governments or officials or if the plaintiffs number less than 2014 /PRNewswire/ — Solid growth in underlying earnings before tax Underlying earnings up 7% to EUR 491 million} 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