Class action: Difference between revisions
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A class action (or class-action lawsuit) is a type of civil lawsuit that allows a group of individuals (the "class") to make a unified, collective civil case against an entity | A class action (or class-action lawsuit) is a type of civil lawsuit that allows a group of individuals (the "class") to make a unified, collective civil case against an entity<ref>https://www.investopedia.com/terms/c/classaction.asp</ref>. Rule 23 of the Federal Rules of Civil Procedure permits one or more parties to "sue or be sued as representative parties on behalf" of all those similarly situated<ref>https://charlestonlaw.libguides.com/c.php?g=1255231&p=9195720</ref>. | ||
When a class action succeeds, the class receives compensation, and after legal fees, all members of the class receive a share of the compensation. | When a class action succeeds, the class receives compensation, and after legal fees, all members of the class receive a share of the compensation<ref>https://www.investopedia.com/terms/c/classaction.asp</ref>. | ||
Class actions originated in the US but are now recognised in some other jurisdictions, including Canada, the UK, and some European countries. | Class actions originated in the US but are now recognised in some other jurisdictions, including Canada, the UK, and some European countries. | ||