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	<title>TaxGuru &#187; mass actions</title>
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		<title>Class Action Lawsuit</title>
		<link>http://taxguru.in/company-law/class-action-lawsuit.html</link>
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		<pubDate>Tue, 10 Nov 2009 03:47:06 +0000</pubDate>
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				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[class action fairness act]]></category>
		<category><![CDATA[class action fairness act of 2005]]></category>
		<category><![CDATA[class action lawsuit]]></category>
		<category><![CDATA[class action lawsuits]]></category>
		<category><![CDATA[federal rules of civil procedure]]></category>
		<category><![CDATA[frivolous claims]]></category>
		<category><![CDATA[litigation reform act]]></category>
		<category><![CDATA[mass actions]]></category>
		<category><![CDATA[private securities litigation reform]]></category>
		<category><![CDATA[private securities litigation reform act]]></category>
		<category><![CDATA[private securities litigation reform act of 1995]]></category>
		<category><![CDATA[securities litigation reform act]]></category>
		<category><![CDATA[shareholder class action]]></category>
		<category><![CDATA[strike suits]]></category>

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		<description><![CDATA[Class Action lawsuits have recently made to the front page news, more particularly in western countries. The reason being the sudden fall (bankruptcy) of financial industry giants like Freddie Mac, Wachovia, AIG to name a few and the consequent losses suffered by large number of investors amounting to millions of dollars.]]></description>
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