A Class Action is a representative action in which one or more persons named in the lawsuit pursue a case on behalf of a larger collective group of persons that are not named in the lawsuit. This larger group of unnamed persons, in addition to the parties named in the lawsuit, comprises the class that the Class Action seeks to benefit. Class Actions are useful mechanism in situations in which similarly situated person face common harms or injuries, because the collective nature of Class Actions allow parties to efficiently pursue claims that would be inefficient or other difficult to pursue individually.
Class Actions filed in Federal Court are governed by Rule 23, Federal Rules of Civil Procedure. This rule also stipulates the procedures for certifying a class and the requisite elements for certification.
Friscia & Associates has filed or is otherwise involved in a number of high profile federal class action lawsuits in New Jersey and in other states. One such case, Beals v. Bank of America, N.A., 10-cv-05427, consists of all named defendants in pending New Jersey foreclosure actions initiated by Bank of America or its affiliates.
If you are interested in learning more about class action lawsuits, or if you have any related questions call us today at (973) 500-8024 or (212) 960-8308, or submit your contact information below and we can contact you directly.