On The Construction Of China's Securities Class Action

Through the securities class action, many small and medium-sized investors can be concentrated to the fiction of a group, as a single lawsuit plaintiffs, which can greatly enhance the power of the plaintiffs, to achieve a strong fight against the defendant, to balance both the power to achieve Litigationequal status, maintenance has a positive impact for the improvement of the effectiveness of the proceedings, the social resource conservation, the stability of the securities market. Securities class action commenced in theory, to sort out the emergence and development of the Group’s litigation system, examination and analysis of the litigation system of the foreign groups, study of the status of the class action, to build China’s Listed Companies Group litigation system has significance. In this paper, our litigation system in China’s listed companies to establish. Chapter of the basic theory of the class action overview of the emergence and development of content, including class action concept and characteristics of class action system, the value and function of the class action, China needs to build a group of listed companies litigation system, class action similar to our comparison of the litigation system. Carry out the inspection and analysis of the second chapter of the foreign group litigation system, represented by the United exit system class action; join the system of class actions:the United Kingdom, Sweden. The Chapter Representative Lawsuit System status quo were investigated, including the establishment of the Representative Lawsuit System Representative Lawsuit System Operation Status and defects. The fourth chapter deals with the construction of a group of listed companies in China litigation system. The content includes building a litigation system with Chinese characteristics Group’s guiding ideology, reform of the number of uncertain representative litigation system, and learn from the U.S. class action system.