S/W of class actions Flashcards
1
Q
Strengths
A
*Group members not responsible for costs
*Efficiency in dealing with many claims
*Smaller claims can be pursued
*Use of litigation funders and plaintiff law firms
*Reduce costs for defendants
*More convenient may to pursue claims for groups members
2
Q
Weaknesses
A
*large costs burden on lead plaintiff
*Takes up court resources and time
*Could be taken advantage of
*litigation funders can take a large portion of settlement
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