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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
GN News

Class Action Allowed In Cargill Plant Wage Fight The Associated Press
Class action allowed in Cargill plant wage fightThe Associated PressA federal judge has certified a class action lawsuit against Cargill Meat Solutions Corp. over whether workers at the company39s Schuyler plant should be and more raquo

Izard Nobel LLP Announces Class Action Lawsuit Against Ormat Technologies, In...
Izard Nobel LLP Announces Class Action Lawsuit Against Ormat Technologies, Inc.CNNMoney.com press releaseWhile Izard Nobel LLP has not filed a lawsuit against the defendants, to view a copy of the Complaint initiating the class action or for more information The Shuman Law Firm Announces the Filing of a Class Action Lawsuit against MarketWatch press releaseall 57 news articles raquo

Lawyers Seeking Billions From Toyota NEWS.com.au
KOMO NewsLawyers seeking billions from ToyotaNEWS.com.auThese economic damage class action lawsuits could potential dwarf payouts for wrongful death and personal injury cases and threaten to embroil the Japanese Class action lawsuits could cost Toyota 3B plusThe Associated PressAn Epic Lawsuit LoomsBuzz Log blogToyota Class Action Lawsuits Could Cost Auto Maker 3B: AP ReportAboutLawsuits.comMotoring News/Talk 750 WSB MarketNewsVideo.comall 654 news articles raquo

Federman Amp Sherwood Announces That A Securities Class Action Lawsuit Has Be...
Federman amp Sherwood Announces That a Securities Class Action Lawsuit Has Been CNNMoney.com press releaseOn March 9, 2010, a class action lawsuit was filed in the United States District Court for the Northern District of California against Medivation, Medivation Class Action Has Questionable RootsBloggingStocks blogall 15 news articles raquo

Law Offices Of Howard G. Smith Announces Class Action Lawsuit Against Marke...
Law Offices of Howard G. Smith Announces Class Action Lawsuit Against MarketWatch press releaseBENSALEM, Pa., Mar 10, 2010 BUSINESS WIRE Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of and more raquo

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