Class Actions Essay Example | Topics and Well Written Essays - 250 words

Class Actions - analyse Examplewsuit on behalf of several thousand or a larger group of unnamed plaintiffs who package common grievances caused by similar actions, products or defects such as consumer products, pharmaceutical drugs, medical devices and motor vehicles. mess have also submitted class actions with regards to corporate misconduct, employment practices, consumer fraud and securities fraud.A class action is the outstrip way of handling cases with similarly situated and multiple plaintiffs. This is so because, many a times, there atomic number 18 many people who have suffered similar or same injuries, and their individual injuries are minor, as such, they efficiency not independently pursue legal redress. However, there are instances in which it may be meshugga to submit individual lawsuits, especially when the numbers of those affected by defective products or conduct of actions is mellow (Hensler, 2001). As a result, class actions have become an efficient way of b ringing together and disposing make thousands of claims that would otherwise be impractical to be individually litigated. Class actions still remain the most executable way of handling thousands of similar claims since it aggregates small claims, thereby lowering the cost of litigation. Class actions also underwrite that all plaintiffs, both unnamed and named, receive some compensation (Backhaus et al., 2012).Backhaus, J. G., Cassone, A., & Ramello, G. B. (2012). The Law and Economics of Class Actions in Europe Lessons from America. (J. G. Backhaus, A. Cassone, & G. B. Ramello, Eds.). Northampton, Massachusetts Edward Elgar