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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. In cases involving misleading statements or ...
A class action, [a] also known as a class action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member or members of that group.
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That said, a few cases are opt-in cases, such as those that sue over wage and hour violations. You join by filing a written election to participate in the lawsuit. Information on how to opt in or ...
The Securities Exchange Act of 1934 (commonly known as the "Exchange Act" or the "1934 Act") gives shareholders the right to bring a private action in federal court to recover damages the shareholder sustained as a result of securities fraud. The majority of securities fraud claims are brought pursuant to Section 10 (b) of the Exchange Act ...
The so-called “period panty” that promoted itself as a “safer and more sustainable” option for menstrual hygiene was the target of a class action lawsuit alleging that their products ...
If you bought anything from deodorant to soft drinks in the past several years, you could have hundreds of dollars waiting for you. Major companies dole out millions of dollars every day in class...
The Securities Litigation Uniform Standards Act of 1998 (SLUSA), Pub. L. 105–353 (text) (PDF), 112 Stat. 3227, is a federal legislative act in the United States regarding private class action lawsuits for securities fraud. SLUSA amended portions of the Securities Act of 1933 and the Securities Exchange Act of 1934 to preempt certain class ...