Class Actions Essay Example | Topics and Well Written Essays - 250 words

grad Actions - Essay Examplewsuit on behalf of several grand piano or a larger group of unnamed plaintiffs who share common grievances caused by similar actions, products or defects such as consumer products, pharmaceutical drugs, medical devices and locomote vehicles. People have also submitted class actions with regards to corporate misconduct, employment practices, consumer fraud and securities fraud.A class action is the best way of handling cases with similarly placed and multiple plaintiffs. This is so because, many a times, there are many people who have suffered similar or same injuries, and their individual injuries are minor, as such, they might not independently pursue legal redress. However, there are instances in which it may be impractical to submit individual lawsuits, especially when the be of those affected by defective products or conduct of actions is high (Hensler, 2001). As a result, class actions have become an efficient way of bringing unitedly and dispos ing off thousands of claims that would otherwise be impractical to be individually litigated. Class actions still remain the most viable way of handling thousands of similar claims since it aggregates dainty claims, thereby lowering the cost of litigation. Class actions also ensure that all plaintiffs, both unnamed and named, receive some compensation (Backhaus et al., 2012).Backhaus, J. G., Cassone, A., & Ramello, G. B. (2012). The Law and Economics of Class Actions in Europe Lessons from America. (J. G. Backhaus, A. Cassone, & G. B. Ramello, Eds.). Northampton, Massachusetts Edward Elgar