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LSDefine

Simple English definitions for legal terms

representative action

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A quick definition of representative action:

Representative action refers to two types of legal actions: class action and derivative action. In a class action, a group of people with similar claims against a defendant can join together to file a lawsuit. In a derivative action, a shareholder can sue on behalf of a corporation when the corporation's management has failed to take action against wrongdoing. These types of actions allow individuals to band together and seek justice in a more efficient and effective manner.

A more thorough explanation:

A representative action is a legal proceeding in which one or more individuals represent a larger group of people who have similar claims or grievances. There are two types of representative actions:

  1. Class Action: A lawsuit filed by one or more individuals on behalf of a larger group of people who have similar claims against a defendant. For example, a class action may be filed against a company for selling a defective product that caused harm to many consumers.
  2. Derivative Action: A lawsuit filed by a shareholder on behalf of a corporation against its officers or directors for breaching their fiduciary duties. For example, a shareholder may file a derivative action against a company's CEO for misusing company funds.

Both class actions and derivative actions allow individuals to pool their resources and share the costs of litigation, making it easier for them to pursue their claims. They also provide a way for individuals to hold corporations and their officers accountable for their actions.

For example, a group of employees may file a class action against their employer for violating labor laws, such as failing to pay overtime or providing a safe working environment. In a derivative action, a shareholder may file a lawsuit against a company's board of directors for approving a merger that was not in the best interests of the company.

representation election | representative capacity

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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