You could use groupby:
def f(group):
row = group.irow(0)
return DataFrame({'class': [row['class']] * row['count']})
df.groupby('class', group_keys=False).apply(f)
so you get
In [25]: df.groupby('class', group_keys=False).apply(f)
Out[25]:
class
0 A
0 C
1 C
You can fix the index of the result however you like