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What is class action?

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Anonymous

9y ago
Updated: 3/4/2022

Class actions are lawsuits filed in civil courts on behalf of large groups of persons who have suffered injury. One common class action is a security class action, in which a lawsuit is filed on behalf of all investors in a particular stock, bond, or investment. Another common class action is a consumer class action, which usually is filed on behalf of consumers who have been injured or defrauded by a defective or malfunctioning product.

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Kelli Prosacco

Lvl 10
3y ago

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