Class Action
The reduction, elimination, or suspension of a legal proceeding, charge, or financial obligation.
What is Class Action?
A class action is a lawsuit filed by one or more plaintiffs on behalf of a larger group of individuals with similar claims against the same defendant. It consolidates common issues to streamline litigation and seek collective relief.
Why It Matters?
It allows efficient resolution of widespread legal disputes and ensures fairness for all affected parties.
Example
A consumer class action is filed against a company for selling defective products, representing hundreds of customers seeking compensation.
Related Terms
Mediation
Litigation