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In the United States, the class representative, also called a lead plaintiff, named plaintiff, or representative plaintiff, is the named party in a class-action lawsuit. [66] Although the class representative is named as a party to the litigation, the court must approve the class representative when it certifies the lawsuit as a class action.
A securities class action (SCA), or securities fraud class action, is a lawsuit filed by investors who bought or sold a company's publicly traded securities within a specific period of time (known as a “class period”) and suffered economic injury as a result of violations of the securities laws.
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That’s where class-action lawsuits come in. If tens of thousands of people lost $50 each, an attorney might be able to file a class-action lawsuit for the entire class. ... When an attorney ...
National Association of Realtors) is a class-action lawsuit challenging the fees charged by real estate agents in the United States. The case was filed against the National Association of Realtors and some of the largest brokerages in the country.
The number of securities class action suits jumped by 17.2% in the past year, according to a new report from ISS Securities Class Action Services. The total monetary settlements in 2021 reached $3 ...
Cap.A class-action lawsuit was filed in the California Northern District District Court by iOS app developers, alleging that Apple abuses its control of the iOS App Store to require its 30% revenue cut and its US$99 developer fee. The developers are being represented by the same law firm that won the previous eBook price-fixing scheme case. [40]
A lawsuit is a proceeding by one or more parties (the plaintiff or claimant) against one or more parties (the defendant) in a civil court of law. [1] The archaic term "suit in law" is found in only a small number of laws still in effect today. The term "lawsuit" is used with respect to a civil action brought by a plaintiff (a party who claims ...