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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. [61] 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.
A "naked" class action waiver is a version of the waiver where the contract in which the waiver is found is not attached to an arbitration agreement. Class action waivers are only protected from state legislatures' actions through the Federal Arbitration Act, if they are bundled with an agreement to send disputes to arbitration.
Plaintiffs in a class-action lawsuit against Cash App Investing and Block Inc. filed after a December 2021 data breach said the companies failed to “exercise reasonable care in securing and ...
Dude Wipes settled a $9 million class action lawsuit alleging that the Shark Tank winners made false advertising claims. Product packaging stated that the wipes were “safe to flush,” when, in ...
If a company doesn't deliver on its promises to you, it doesn't matter how unfair it is nor how angry you are -- you aren't likely to file a lawsuit for $15, or $50 or even $500, Even for damages...
The U.S. Class Action Fairness Act of 2005, 28 U.S.C. §§ 1332(d), 1453, 1711–15, expanded federal subject-matter jurisdiction over many large class action lawsuits and mass actions in the United States. The bill was the first major piece of legislation of the second term of the Bush Administration.
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...