http://resources.lawinfo.com/en/Legal-FAQs/Class-Actions/index.html LawInfo - Legal Resource Center offers free legal forms and free legal documents that is designed to help consumers and businesses resolve their legal issues http://resources.lawinfo.com/en/Legal-FAQs/Class-Actions/Federal/what-is-a-class-action.html Class actions are representative lawsuits on behalf of groups of similarly situated persons. Class action law suits are a nontraditional litigation procedure that allows a representative with typical claims to sue or defend on behalf of, and stand in judgment for, a class or group of people when the issues or questions are of common interest to persons so numerous as to make it impracticable to bring them all before a court. Class Actions FAQs Tue, 29 May 2007 21:19:00 GMT http://resources.lawinfo.com/en/Legal-FAQs/Class-Actions/Federal/how-are-individuals-benefited-by-class-action.html The major advantage of bringing a class action is the more powerful litigation posture for the class representative. Because of the greatly expanded exposure to liability for class damages (damages to potentially hundreds or thousands of individuals), as opposed to the damages suffered by a single litigant, a defendant is much more likely to treat the litigation seriously from the standpoint of defense or settlement than would likely be the case in an individual litigation. Class Actions FAQs Tue, 29 May 2007 21:19:00 GMT http://resources.lawinfo.com/en/Legal-FAQs/Class-Actions/Federal/what-types-of-claims-are-brought-in-securitie.html Claims brought in securities class actions generally challenge allegedly material false and misleading statements made by publicly traded companies and/or their officers, directors, other employees, accountants or underwriters made in publicly distributed communications such as press releases, annual reports, prospectuses, annual and quarterly filings or in other such documents. Such actions also often challenge insider trading by individuals associated with such public companies. Securities class actions generally are brought under the anti­fraud provisions of the federal securities laws. Class Actions FAQs Tue, 29 May 2007 21:19:00 GMT http://resources.lawinfo.com/en/Legal-FAQs/Class-Actions/Federal/who-brings-class-actions.html Anyone who has been harmed or injured by a particular person or entity in violation of a law and who generally has claims which are typical of other similarly situated people, has no conflicts of interest with others in the class action. Class Actions FAQs Tue, 29 May 2007 21:19:00 GMT http://resources.lawinfo.com/en/Legal-FAQs/Class-Actions/Federal/do-i-have-to-own-stock-in-the-company-to-bene.html Under federal or state securities laws you would have had to purchase stock within a specified period of time. This does not mean that would have to own the stock at the time of the class action, just during the specified class period. Class Actions FAQs Tue, 29 May 2007 21:19:00 GMT http://resources.lawinfo.com/en/Legal-FAQs/Affinity-Fraud-Securities/index.html Free Affinity FAQs Securities Sub-categories Sat, 28 Nov 2009 03:04:57 GMT http://resources.lawinfo.com/en/Legal-FAQs/Obtaining-Information-on-Legal-Actions-and-the-Pros-and-Cons-of-Arbitration-vs-Court/index.html Free Arbitration FAQs Securities Sub-categories Sat, 28 Nov 2009 03:04:57 GMT http://resources.lawinfo.com/en/Legal-FAQs/Initial-Public-Offerings-IPOs/index.html Free IPO FAQs Securities Sub-categories Sat, 28 Nov 2009 03:04:57 GMT http://resources.lawinfo.com/en/Legal-FAQs/Overview-of-Major-Securities-Laws-and-Terminology/index.html Free Securities and Exchange Commission FAQs Securities Sub-categories Sat, 28 Nov 2009 03:04:57 GMT http://resources.lawinfo.com/en/Legal-FAQs/Information-for-Businesses/index.html Free Starting A Business FAQs Securities Sub-categories Sat, 28 Nov 2009 03:04:57 GMT