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27 Jun 2011, 9:20 am
If a plaintiff has a property interest in a claim, why not recognize defenses as a form of property? [read post]
27 Jun 2011, 1:22 am
” Which inevitably leads to the question of what the impact of the Wal-Mart decision will be with respect to class certification in securities class action lawsuits. [read post]
25 Jun 2011, 7:42 pm
The lead plaintiff in this case is Pennsylvania Public School Employees’ Retirement System. [read post]
24 Jun 2011, 1:35 pm
Scheduled to testify at the hearing is Betty Dukes, the lead plaintiff in Wal-Mart v. [read post]
24 Jun 2011, 1:24 pm
In other words, plaintiffs must link the common policy, practice, or decision to the alleged discrimination to win class certification. [read post]
24 Jun 2011, 11:39 am
Toyota Motor only that purchasers of Toyota stock on the Tokyo stock exchange could not be considered as lead plaintiff candidates. [read post]
24 Jun 2011, 9:16 am
Under Rule 23(a)(2), the plaintiffs needed to show that there were “questions of law or fact common to” all of the plaintiff class members. [read post]
24 Jun 2011, 1:31 am
Carlyle Capital Corp.: On June 21, 2011, a plaintiff filed a securities class action complaint in the U.S. [read post]
23 Jun 2011, 1:04 pm
BuchananYesterday, Professor Dorf offered an analysis of the Wal-Mart decision, providing a useful summary of why the decision was a radical departure from previous practice, as well as describing how future plaintiffs might get around the ruling to pursue class actions -- most likely with smaller classes. [read post]
23 Jun 2011, 8:11 am
Most assets (whether they be publicly-traded equities, entire businesses or the role of lead counsel in a plaintiff’s class action) are a bit more complicated than a straight bond. [read post]
22 Jun 2011, 9:33 pm
If you are the one to start the class action, you become known as the "lead plaintiff" or the "class representative. [read post]
22 Jun 2011, 3:27 pm
While the pretrial management of the cases in an MDL is often managed similar to how a Zimmer NexGen class action lawsuit would be handled, each claim will still remain an individual lawsuit. [read post]
22 Jun 2011, 10:47 am
They alleged that the policy of delegating pay and promotion decisions to lower-level managers, combined with a corporate culture that encouraged sex stereotyping, lead to less women getting pay increases or getting promoted. [read post]
22 Jun 2011, 7:09 am
Rost has experience with class action, product liability, false claims/qui tam & criminal cases. [read post]
22 Jun 2011, 6:40 am
Weiss, of course, tumbled from that perch, after pleading guilty in 2008 in connection with a scheme to pay kickbacks to investors to entice them to serve as lead plaintiffs in securities class actions. [read post]
22 Jun 2011, 12:01 am
Reuters: Whatever you think of the merits of the US Supreme Court's decision in the class action agasint Wal-Mart, you might be interested in reading about how the lawsuit has been funded from the plaintiffs' side (largely self-funded by the lead firm). [read post]
21 Jun 2011, 7:36 pm
” The court determined that Rule 23(b)(2) does not authorize class certification where, as with the backpay claims in Wal-Mart, each class member would be entitled to an individualized award of monetary damages.The Supreme Court’s interpretation of Rule 23(b)(2) may lead courts to conclude that claims for punitive damages, like claims for backpay, cannot be certified under Rule 23(b)(2). [read post]
21 Jun 2011, 4:57 pm
And here is the rough list of class sessions:I. [read post]
21 Jun 2011, 4:05 pm
The latest controversy over the decision has been exactly how much the plaintiffs' lead firm has lost in this case. [read post]
21 Jun 2011, 11:15 am
Lead counsel for Plaintiffs has indicated that he intends to file individual claims, and/or break the class action into smaller classes, by store or by region, to satisfy the Court’s concerns regarding commonality. [read post]
