What is the difference between a class action and a derivative action?

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What is the difference between a class action arbitration and a class action lawsuit?
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What is the role of lead counsel in a class action lawsuit?
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How does a class action lawsuit work?
What are the benefits of a class action lawsuit?
What is the role of the court appointed class counsel?
Is there a deadline for filing a claim in a class action lawsuit?
What happens when the class action lawsuit goes to trial?

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