2006-11-23 07:54:02 · 5 answers · asked by cirque de lune 6 in Politics & Government ➔ Law & Ethics
In a class action law suit, you are in a large group of people who were victims of a faulty or dangerous product on the market such as a car or a bad drug that caused you to get very sick or end up dead. You split the award(s) with everyone else. BUT the lawyers make the most money out of that deal and you end up getting a very small amount of $$$ after all is said and done. The good part is that you don't have to give a private attorney a large cut of the award yourself in a private civil suit. Either way, you don't really get the full amount you truly deserve.
Lawyers are crooks!!
2006-11-23 08:02:27 · answer #1 · answered by maddog 5 · 1⤊ 0⤋
Class actions mainly benefit the lawyers that sign up the defendents in those cases. A 'class' certified by a court, is a set of people who were all damaged in the same way under the suit. So for example, a class might be all people who took pill 'A' for high blood pressure, that turned out to have a high risk of stroke.
If a single person sues, they have to do all the work to prove their claim, which can be costly. Because class actions represent thousands of people, the lawyers are content to take a healthy cut of the damages, which often run into hundreds of millions of dollars.
Class action suits line the pockets of lawyers, encourage frivolous law suits, drive up the cost of products for all americans (because companies just pass on the cost to consumers) and rarely benefit the plaintiffs, even if they win. Usually, the settlements for each person are just a few thousand dollars.
2006-11-23 07:59:59 · answer #2 · answered by Anonymous · 2⤊ 0⤋
What exactly is a class action law suit?
A class action lawsuit is a lawsuit in which a person or business acting as the plaintiff in a lawsuit represents a larger group of people that have similar legal claims against a particular defendant or group of defendants. For example, a homeowner or consumer who is injured or whose property is injured by a defective building product may bring a class action lawsuit against the manufacturer of the product on behalf of himself or herself and all other homeowners and consumers harmed by that behavior. The person or business entity who brings the lawsuit on behalf of the others is referred to as the "class representative." The class representative serves in a fiduciary role to all others who are similarly situated (i.e.,the "class" of members), much like the board of directors of an association or a corporation serves in a fiduciary role for the benefit of its members or shareholders
2006-11-23 07:56:51 · answer #3 · answered by sonkysst 4 · 1⤊ 0⤋
A class action lawsuit is a bunch of people who band together to hire one law firm and sue as a body. This can be medical or perhaps they have all bought a faulty item. It can be against an employer or if you were not hired for a job.
2006-11-23 08:02:23 · answer #4 · answered by Anonymous · 0⤊ 1⤋
A class action suit involves several members who were affected by the issue. A regualr lawsuit is a sole individual who was affeceted.
2006-11-23 08:25:17 · answer #5 · answered by gidget673 1 · 1⤊ 0⤋