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class action |
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class actionIn law, a court procedure where one or more claimants represent a larger group of people who are all making the same kind of claim against the same defendant. The court's decision is binding on all the members of the group. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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A recent example is the class action brought by the ACCC alleging misleading and deceptive conduct against Allphones Retail Pty Ltd (and current and former directors and executives of that company) on behalf of certain current and former franchisees. A judge preemptively nixed a class action against Wal-Mart and dog food manufacturer Menu Foods, among others, ruling that the need for individual factual inquiries made a class action untenable. A study released in January shows that class action and collective action lawsuits are on the rise, and the trend is expected to continue. |
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