Class Actions

Abstract

Since the case studies mention very often class actions, it is necessary to clarify this term. This is done in a very detailed way in the site of Schubert & Reed LLP on the Internet, which gives information on the legal terms and practices of the suits that are available to the individual shareholder. These legal vehicles, mainly the class actions, are very limited in their scope, rewards and efficiency. They are time consuming, and some people even alleged that they benefit mostly the lawyers who handle the cases. Still, until more efficient vehicles are devised, many shareholders resort to class actions.

“The problem with being in the rat race is, even if you win, you’re still a rat.”

Lily Tomlin