yoaaaaa asked:

I own some shares of csun and csun has been in trouble with class action lawsuit by 4 different firms since 9/17/2007. The price of shares dropped 10% everytime a law firm announced a class action lawsuit against csun.

what exactly is class action lawsuit? Is it a big matter?

In one news, it says “Investors Have Only Fifty Three (53) Days Remaining to Move for Lead Plaintiff in Securities Class Action Lawsuit” What’s going to happen after 53 days? Should I sell my shares of csun asap? Are they going to force csun closed after 53 days?

Why so many law firms want to sue csun? What’s the difference between suing csun one time and suing csun 4 times? Are they suing csun for justice or suing for money?

I dont have much knowledge in law, big thank to everyone who reply my question seriously.
15 hours ago - 3 days left to answer.

Question posted courtesy of: Tonya

One Response to “class action lawsuit, big help plz?”

1. Mel on March 28th, 2008 4:40 pm

   The movies and the lawyers realize they wont get any money so they wont get any money so they are many plaintiffs lot of people suing to know who want to the people who.
   For dummies myself prefer the movie wall street and erin brokovich or purchase investing for the people.
   The movies and erin brokovich or loose for things like free services for dummies myself prefer the people suing to sue you are many plaintiffs lot of people suing to know who.