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<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>.
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 name=":0">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<ref>https://www.investopedia.com/terms/c/classaction.asp</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<ref name=":0" />.


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.