As a general rule, class action lawsuits involve a large group of people in some capacity: A collective class, formed together over the issue of a defective product, suing a defendant, or a band of defendants, multiple negligent companies, as an example, being sued by a single person. While more class action lawsuits are filed on behalf of product liability claims, other case types end up in court, too, including groups of shareholders suing for fraud, workers, and residents over environmental disasters.
With a case, which can be filed in either federal or state court, class action lawsuits has its benefits. 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 individual plaintiffs filing alone.
On the other hand, these types of cases do tend to have drawbacks. Before the lawsuit even progresses, the collective group must be defined as a class. Federal courts, as well, can stop class action lawsuits if the defendants are state governments or officials or if the plaintiffs number less than announces that a lawsuit seeking class action status has been filed in the United States District Court for
With a case, which can be filed in either federal or state court, class action lawsuits has its benefits. 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 individual plaintiffs filing alone.
On the other hand, these types of cases do tend to have drawbacks. Before the lawsuit even progresses, the collective group must be defined as a class. Federal courts, as well, can stop class action lawsuits if the defendants are state governments or officials or if the plaintiffs number less than announces that a lawsuit seeking class action status has been filed in the United States District Court for
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THE FIRST QUARTER REPORT 2007
OFFSHORE OIL ENGINEERING CO.,LTD. THE FIRST QUARTER REPORT 2007 Abbr.：CNOOC Engineering Code：600583 April 23, 2007