As a general overview, class action lawsuits involve a large group of people in some capacity: A collective class, held together over the issue of a broken product, suing a defendant, or a group of defendants, multiple negligent companies, for instance, being sued by or persons. While more class action suits 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.
Each case, which may be filed in either state or federal court, class action lawsuits has its pluses. Because less witnesses overlap, the trial process understandably moves along faster, while the cost of litigation tends to be lower than for individual plaintiffs filing alone.
Additionally, these types of cases also tend to have drawbacks. Before the class action even moves forward, the prosecuting group must be called a class. Federal courts, as well, may stop 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 state or federal court, class action lawsuits has its pluses. Because less witnesses overlap, the trial process understandably moves along faster, while the cost of litigation tends to be lower than for individual plaintiffs filing alone.
Additionally, these types of cases also tend to have drawbacks. Before the class action even moves forward, the prosecuting group must be called a class. Federal courts, as well, may stop 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