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Facts - Books - News    U.S. Facts Of Law:


Class Action Lawsuit

A class action lawsuit is one where a lawyer  brings a civil suit that claims to represent a class of people against a defendant or defendants.  For the suit to be a class action, the court must agree to class action status or it may decide to combine several individual lawsuits into a single class action.  Commonly, this type of lawsuit is used when a product being sold by a company is found to have harmed a large number of individuals and it is not practical to bring hundreds or thousands of small suits.  Lawyers love to find a cause to bring a class action lawsuit on behalf of a large group of claimants because often the legal fees alone can run into the millions of dollars.

When a class action lawsuit is brought, generally the names and addresses of all the possible claimants are requested from company sales records, newspaper advertisements and other sources.  If a claimant agrees to be part of the class action (usually at no cost to the claimant) and accepts the eventual settlement, that person will have no further claim against the defendant.  The claimant, in most cases, may also refuse to join the class action suit and bring an individual suit of his or her own.

An example of a typical class action suit was one brought by lawyers representing businesses and consumers against Microsoft California in 2004.  The suit was over violations of California anti-trust laws concerning Microsoft software.  Microsoft agreed to settle the case for $1.1 Billion in vouchers for common Microsoft software to be sent to the class action members.  The vouchers were for a $5.00 to $26.00 credit per software package with two thirds of unclaimed vouchers going to California schools.  The lawyers asked the court for an award of $275 Million to cover fees and expenses.

Most class action lawsuits provide for a small dollar amount to be recovered by a large class of claimants.  If the number of claimants is very large, the legal costs involved with a class action lawsuit can be huge.

 

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Class Action Lawsuit News
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Silent Partners: The Bankrollers Behind The Rush Of Australia Shareholder Law...
Silent Partners: The Bankrollers Behind the Rush of Australia Shareholder Lawsuits New York Times SYDNEY After Australian internet company Vocus Telecommunications Ltd gave its second profit warning in seven months, fund manager David Pace received an email from a law firm asking him to join a shareholder class action. The case, proposed the and more raquo

IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Law...
IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Navient Business Wire press release LOS ANGELES BUSINESS WIRE Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Navient Corporation Navient or the Company Nasdaq: NAVI concerning possible violations of federal securities laws IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against Tech Data GlobeNewswire press release IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces GuruFocus.com blog IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Digital Journal all 7 news articles raquo

IMPORTANT SHAREHOLDER ALERT: Khang Amp Khang LLP Business Wire Press Release
IMPORTANT SHAREHOLDER ALERT: Khang amp Khang LLP Business Wire press release Khang ampamp Khang LLP the Firm announces the filing of a securities class action lawsuit against J. Jill, Inc. J. Jillamprdq. DEADLINE TODAY: Khang amp Khang LLP Announces Securities GuruFocus.com blog all 4 news articles raquo

Uber Reaches 20 Million Settlement In Classaction Lawsuit Over Text Messages ...
Chicago Tribune Uber reaches 20 million settlement in class action lawsuit over text messages Chicago Tribune 17, 2017, may be eligible for a payment from the class action settlement. This includes people who received messages in connection with Uber39s Refer a Friend program and people who started Uber39s driver application process but did not become an active

EQUITY ALERT: Rosen Law Firm Announces Filing Of Securities Class Action Laws...
EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Volkswagen AG PR Newswire press release NEW YORK, Oct. 13, 2017 /PRNewswire/ Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Volkswagen AG OTC: VLKPY, VLKAY from March 14, 2013 through July and more raquo

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Facts of Law covering class action lawsuits

Facts of Law - Class Action