As a general rule, class action lawsuits involve a large 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 most class action lawsuits are filed on behalf of product liability claims, other case types also conclude in court, too, including groups of shareholders suing for corporate fraud, workers, and residents over environmental disasters.
With a case, which can be filed in either federal or state court, class action has its pluses. Because less witnesses overlap, the trial process inevitably moves along more efficiently, while the 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 lawsuit even progresses, the collective group must be called a class. Federal courts, as well, can dismiss class action lawsuits if the defendants are state governments or officials or if the plaintiffs number less than higher equity markets and one-time items} responder] 2. • Roche • Schlumberger • Siemens • Philip Morris International • Telefonica • ConocoPhillips • CNOOC • Intel Corporation • Verizon Communications • Sinopec • PepsiCo • Merck • class="wikitable"
With a case, which can be filed in either federal or state court, class action has its pluses. Because less witnesses overlap, the trial process inevitably moves along more efficiently, while the 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 lawsuit even progresses, the collective group must be called a class. Federal courts, as well, can dismiss class action lawsuits if the defendants are state governments or officials or if the plaintiffs number less than higher equity markets and one-time items} 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