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A class action in such a situation centralizes all claims into one venue where a court can equitably divide the assets amongst all the plaintiffs if they win the case. Finally, a class action avoids the situation where different court rulings could create "incompatible standards" of conduct for the defendant to follow. See Fed. R. Civ. P. 23(b ...
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.
Class Action Fairness Act of 2005; Long title: An Act to amend the procedures that apply to consideration of interstate class actions to assure fairer outcomes for class members and defendants, and for other purposes. Enacted by: the 109th United States Congress: Citations; Public law: Pub. L. 109–2 (text) Statutes at Large: 119 Stat. 4–14
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. ... The class members ...
Thomas Jefferson School of Law#2011 class action lawsuit against TJSL; Thomas M. Cooley Law School#Class action against Cooley; Three Cups of Tea#Lawsuits; TracFone Wireless#Class action; True (dating service)#:0; Turkish Republic of Northern Cyprus Representative Office to the United States#Legal action; Tyrone Hayes#Class action lawsuit
In the United States, in most law schools students must learn legal writing; the courses focus on: (1) predictive analysis, i.e., an outcome-predicting memorandum (positive or negative) of a given action for the attorney's client; and (2) persuasive analysis, e.g., motions and briefs. Although not as widely taught in law schools, legal drafting ...
The court held that "the University of Texas School of Law may not use race as a factor in deciding which applicants to admit in order to achieve a diverse student body, to combat the perceived effects of a hostile environment at the law school, to alleviate the law school's poor reputation in the minority community, or to eliminate any present ...
The rate of non-attorney filings in bankruptcy courts by debtors, according to University of Illinois Law School's Professor Robert Lawless was 13.8% for chapter 13 cases, and 10.1% for chapter 7 cases. [citation needed] The rate was as high as 30% to 45% for major urban areas, such as California and New York City.