A class action lawsuit refers to when one or more plaintiffs with a common interest sue an individual/entity on behalf of a larger group. The reasons for such suits usually include injury, fraud, faulty products, etc. Although class action can be devastating to the reputation of the defending brand or business, it can greatly benefit those who can't afford to bring wrongdoers to justice on their own.
Below are some interesting insights into class action suits: where they originated, the required criteria for such suits, statistics & trends, and some well-known cases in recent history...
Source: Webb Law Group