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Class Action |
Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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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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Class action suit
