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A class action suit is a group of individuals and/or companies that are joined in the common cause of recovering damages from the alledged liable corporation/business. A lawsuit by an individual party is exactly what it sounds like, singular in nature.
Wiki User
∙ 15y ago
Wiki User
∙ 12y agoIt depends on the nature of the lawsuit. If you were very seriously injured you may make more money off of an individual lawsuit, however, the big benefits of a class action lawsuit are dramatically reduced legal costs and great efficiency. The law article below discusses more of the benefits of a class action suit. But it really does depend on your personal situation-the type of injury, how much you can spend on a lawyer, etc.
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What are the requirements for a class action lawsuit?
The only requirement for a class action lawsuit is that the lawsuit inovles multiple suing parties. Some of the most famous class action lawsuits came out of the late 90's pursuit of the tobacco industry. Below is a link to the largest, current class action lawsuit, Dukes Vs. Walmart:
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