Hints and tips:
...class of claimants without the need to identify them all individually....
...Such instances may not individually be significant enough to litigate. But the economics work if the lawyer can bring the claim on behalf of all consumers who were treated similarly by the lender....
...The average prison stay of a convicted fraudster – acting individually or on behalf of a company – is about five and-a-half years....
...For example, the failure of one firm may lead to runs by wholesale funders of other firms that are seen by investors as similarly situated or that have exposures to the failing firm....
...Similarly, risk assessment and compliance monitoring of consumer and prudential regulations are closely related, and thus entail both informational advantages and resource savings....
...to other, similarly situated borrowers....
International Edition