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Class Action
(redirected from Class action suit)

   Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Class Action
An action where an individual represents a group in a court claim. The judgment from the suit is for all the members of the group (class).

Notes:
This is often done when shareholders launch a lawsuit, mainly because it would be too expensive for each individual shareholder to launch their own law suit.

See also: Class

Class action
A legal complaint filed by a lawyer or group of lawyers for a group of petitioners with an identical grievance, often with an award proportionate to the number of shareholders involved.

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The appeals court reversed, finding that the detainee lacked the standing to join the class action suit and thus was not entitled to attorney fees.
A class action suit in California targets rubber chemicals used in tire manufacturing and names Bayer, Flexsys and Crompton.
A minor technicality in a city law may force the city to cough up more than $1 million, following a class action suit filed on behalf of recent home sellers.
 
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