0 a legal action (= a case that is decided in a law court) that is organized by a group of people who all have the same legal problem:
1 law legal action for the benefit of a large group of people claiming to have suffered similar harm
2 a legal action that is organized by a group of people who all have the same legal problem:
We do not yet know to what extent pharmaceutical class action suits and criminal proceedings can help.
The authors note that this scenario presents an especially attractive target for class action lawyers (many similarly-situated plaintiffs and large dollar losses).
With respect to ' 'class action' ' suits, there were also, and continue to be, significant differences between the two countries.
This was not so much class action as moral indignation that the rules of the reciprocal relationship had been ignored.
In a class action, ex ante, plaintiffs each have an equal share in the one-in-thirteen chance of recovering.
It is also clear that he prefers an agenda of individual cases to a single determination in a class action.
If the class action is maintained, there is a small chance that defendants will lose all cases.
As a result, the expected value of defendant's liability is one-thirteenth of plaintiff's total claims whether there is one class action or many individual actions.