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8 Tips for Defeating a Class Action Lawsuit

The prospect of a class action lawsuit is a scary thought for most financial institutions, one that conjures up horror stories of protracted litigation, astronomical legal bills and gigantic settlements. For most successful businesses, however, the question is not if, but when it will be the target of a class action. Remembering a few key tips can be the difference between potentially crippling liability, and an early and comparatively inexpensive victory.