BNET Business Dictionary

Business Definition for: Class Action

  • a civil law action taken by a group of individuals who have a common grievance against an individual, organization, or legal entity

Wiktionary Definition for: Class Action

  • #(''mostly US'') a lawsuit brought by a single plaintiff as a representative of a large group of others having a common interest

Additional Resources

Rule 23(b)(3) Superiority Problems: Proceeding With Both a Class Action and Individual Suits
The superiority requirement of Fed. R. Civ. P. 23 mandates that a b(3) class action be "superior to other available methods for the fair and efficient adjudication" of the particular controversy at issue. One factor a court should consider in its superiority analysis is the manageability of proceeding with a...
Tags: Class Action, Claim
White papers 2001-09-01
New class action reform proposed; Supporters of Senate legislation discount Breaux plan's chances of siphoning off support.(News)(Class Action Fairness Act changes)
Byline: MARK A. HOFMANN WASHINGTON-Advocates of reforming the nation's class action laws say that efforts to win Senate passage of bipartisan class action reform legislation will not be derailed by a new proposal being circulated by Democrats. Byline: MARK...
Tags: class action, substitute, U.S. Senate
Research articles 2003-09-29
Reform class-action rules.(Opinions)(Class Action Fairness Act)(Brief Article)
ADVOCATES OF CLASS-ACTION litigation reform have good reason to be hopeful that the current Congress will finally get legislation passed. The House of Representatives recently approved H.R. 1115-the Class Action Fairness Act-and now it's up to the ADVOCATES OF CLASS-ACTION litigation reform have...
Tags: class action, U.S. Congress
Research articles 2003-06-30
Ga. appeals court decertifies class action auto complaint.
Ga. Appeals Court Decertifies Class Action Auto Complaint The Georgia Court of Appeals has ordered decertification of a class action complaint against Aetna Casualty & Surety Co. involving more than 300 Atlanta motorists injured in car crashes. Ga. Appeals Court Decertifies Class Action Auto...
Tags: Aetna Inc., class action, health care, insurance company
Research articles 1990-12-03
Bank of America and WorldCom Class Action Litigation.
Bank of America Reaches Agreement to Settle WorldCom Class Action Litigation CHARLOTTE, N.C., March 3 / -- Bank of America announced today that it has reached an agreement to settle class action litigation entitled In re WorldCom, Inc. Se ...
Tags: Bank of America Corp., litigation, WorldCom Inc.
Research articles 2005-03-03
Chamber Hails Senate Passage of Class Action Reform; Calls on House to "Finish the Job"
WASHINGTON, Feb. 10 /U.S. Newswire/ -- The U.S. Chamber Institute for Legal Reform today hailed the Senate for passing the Class Action Fairness Act (S.5), a bill designed to curb class action lawsuit abuse in state courts. WASHINGTON, Feb. 10 /U.S. Newswire/ -- The U.S. Chamber Institute for Legal Reform...
Tags: class action, job, U.S. Senate
Research articles 2005-02-10
Court clears class action; Legal merit not required for certification.(California Supreme Court)(Brief Article)
SAN FRANCISCO -- A recent California Supreme Court decision that says the legal merits of a case should not be a factor in deciding whether to certify it as a class action will allow more class-action suits to proceed against businesses, some attorne SAN FRANCISCO --...
Tags: California Supreme Court, class action
Research articles 2000-07-10
Class action issues on docket for new Supreme Court term.
WASHINGTON - The Supreme Court has agreed to decide whether participants in a class-action suit can pursue individual actions if they are not satisfied with the award they receive as part of the class action. Adams vs. Robertson is one of eight cases WASHINGTON - The...
Tags: class action, Shell Oil Co.
Research articles 1996-10-07
Senate hearing examines Class Action reform. (Capitol Beat).
The Senate Judiciary Committee recently held a hearing to focus on S 1712, the bipartisan Class Action Fairness Act, which would allow for multi-state class action lawsuits to be held in federal court rather than in state courts. The Senate Judiciary Committee recently...
Tags: class action, U.S. Senate
Research articles 2002-09-01
Editorial: Maintain class-action reform push.(Opinions)(Editorial)
SENATE PASSAGE OF class-action reform legislation may finally be within reach. But reaching that goal may require a little more work by risk managers and others who want to restore some balance to a class-action system that's too often out of whac SENATE...
Tags: class action, U.S. Senate
Research articles 2003-09-08
Senate likely to move on class-action reform.(News)
Byline: MARK A. HOFMANN WASHINGTON-The Senate is likely to vote on class-action reform legislation within the next few weeks, according to one of the bill's chief Democratic backers. In fact, the Class Action Fairness Act-S. 274-will probably re Byline: MARK A....
Tags: class action, U.S. Senate
Research articles 2003-09-08
Pension funds and the 3Com class action.(3Com Corp. settles with Louisiana School Employees' Retirement System, Louisiana Municipal Police Employees' Retirement System)(Brief Article)(Statistical Data Included)
The 3Com Corp. class-action securities litigation, in which two state retirement systems played an important role, has been settled for $259 million in cash. It is one of the largest securities class-action settlements in history and the largest secu The 3Com Corp. class-action securities litigation, in...
Tags: 3Com Corp., class action, modem, pension fund, settlement
Research articles 2001-01-08
Late News; Senate to take up class action bill Tuesday.(Insurance bill)
The Senate plans to begin consideration of a class action reform bill late Tuesday. Senate Majority Leader Bill Frist, R-Tenn., had initially intended to bring the Class Action Fairness Act, S. 2062, to the floor June 1. But he delayed the vote after The Senate plans...
Tags: benefit, class action, insurance, insurance company, U.S. Senate
Research articles 2004-07-05
Class action bill stalls in Senate; Reform's chances slim after close vote.(News)
Byline: MARK A. HOFMANN WASHINGTON-The drive for class action reform legislation appears dead in the current Congress. A motion to invoke cloture-thus limiting debate and amendments-on the Class Action Fairness Act failed in the Senate Thursday Byline: MARK A. HOFMANN...
Tags: class action, U.S. Congress, U.S. Senate
Research articles 2004-07-12
Late News.(Health maintenance organizations face class-action lawsuits)(Legal Beat)(Statistical Data Included)
Judge OKs docs' HMO class action A federal judge has granted class-action status to litigation against several major health maintenance organizations that charges fraudulent denial of payments to physicians. Judge Federico Molina of the U.S. Distr Judge OKs docs' HMO class action ...
Tags: Chubb Corp., exclusion, health care, HMO, insurance company, JUDGE, Risk Manager, Sexual Orientation, workplace
Research articles 2002-09-30
Cablevision cleared in MSG class-action suit. (suit dismissed over carriage of Madison Square Garden Network)
Cablevision Cleared In MSG Class-Action Suit NEW YORK - A Suffolk County Supreme Court judge has dismissed a class action suit brought against Cablevision Systems in November 1988 during the dispute over carriage of Madison Square Garden Network Cablevision Cleared In...
Tags: cable, Cablevision Systems Corp.
Research articles 1990-07-09
Senate approves class action legislation.(Capitol Beat)
In mid-February, the United States Senate passed the Class Action Fairness Act, S 5, by a vote of 72 to 26. The measure calls for moving many class-action lawsuits from state courts to federal courts when the amount in dispute exceeds $5 million and In...
Tags: class action, U.S. Senate
Research articles 2005-03-01
Sun Life settles class action suit in Canada.(Sun Life Assurance Company of Canada)
Sun Life Assurance Company of Canada will pay $65 million Canadian to settle a class action suit alleging that the company misrepresented its 'vanishing premium' policies. Although there have been several class action settlements for otherwise termed premSun Life Assurance Company of Canada will pay $65 million Canadian to settle...
Tags: class action, class action suit, Sun Microsystems Inc.
Research articles 1997-07-14
Senate Sees 28 Vote Swing on Class Action Reform; FreedomWorks Campaign Helps Pass Bill by 72-26 Vote
WASHINGTON, Feb. 11 /U.S. Newswire/ -- FreedomWorks cheered the U.S. Senate for passing S.5, the Class Action Fairness Act, by a large bipartisan vote late yesterday. Class Action reform is a major component of the FreedomWorks' agenda and is part of a brWASHINGTON, Feb. 11 /U.S. Newswire/ -- FreedomWorks cheered...
Tags: class action, U.S. Senate
Research articles 2005-02-11
Broadcom Settles Class Action Litigation (Electronic News)
Broadcom Corp. is choosing to settle the securities class action litigation currently pending against the company and certain of its current and former officers and directors with a $150 million payment. The class action was brought on behalf of per Broadcom Corp. is choosing to...
Tags: Broadcom Corp., class action
Research articles 2005-06-27
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