Multiple Case Study Example | Topics and Well Written Essays - 3000 words

Multiple - Case Study ExampleJudgment would bid all group members. Question 1 want other defrauded clients, Mr. Groetschs compensation should be in accordance to how much money he had lost through the aesculapian Capital Holdings security. In spitefulness of Mr. Groetschs diagnosis with Alzheimer and his familys request for Securities America not to do business with him, the stockholder still went ahead and sold him the securities. The arbitrator should consider his wellness condition, and the fact that his familys request for no business trans body process between him and the American securities. The Americans sold securities regardless of the internal memoranda of Securities America, questioning the legality of the Medical Capital. The concerns spread to brokers diagonally in the company, yet Securities America continued to sell the bonds. The stockholder could have taken advantage of Mr. Groetschs health condition to bull him into signing the transfer of Medical Capital securi ties. The characteristics of the disease include hurt of memory severe enough to disrupt the normal activities of everyday. The stockholder knew that Mr. Groetsch could experience difficulties seek to maintain his memory ability and, therefore, defraud him. With Alzheimer, he would be unable to maintain employment, plan and execute tasks, to reason and exercise judgment (Fungate & Kinicki 299-305). Question 2 Since arbitrement is less complex, cheaper and profitable, the judge should consider class action before arbitration. In this way, the court will compensate people that appealed for class action since they atomic number 18 the majority, and afterwards deal with Mr. Groetsch. Compensation of arbitration before class action may lead to depletion of finances and creation of fear caused by fewer funds available for the compensation of class action. Convincing Mr. Groetsch in case of a negative outcome is easier as compared to those in the class action, because one individual di scover faster and better than a mass of people. Resolving Mr. Groetschs case may be hard since he might not remember some(a) details regarding his case due to his illness. This can further bring in contradictions that may delay the ruling of the arbitrator leading to loss of era and money. arbitrament in this case may take longer and might be expensive due to the one party involved who may experience loss of some memories and record different statements regarding the same case. It is more convenient to look for funds of one individual compared to those in a class action. Class action case consume a lot of time since it involves many people with similar interests, and the judge has to make a fair decision as compared to arbitration where the judge needs to approve the decision of the arbitrator (Fungate & Kinicki 300-303). Question 3 In most cases, teamwork is the best hence Mr. Groetsch should join class action that is plausibly to be favored by the judge. Since arbitration is no longer possible, he should contemplate on where the best ruling will be, since the judges spent time on the class action case. Representation by attorneys is one of the issues he ought to think about because the attorneys perform well to ensure their clients get what they deserve. In addition, connecter the class lawsuits will make the judges work easier since he has to only deal with one case, and make an equal ruling in both(prenominal)