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 The defendants argued that the plaintiffs failed to prove that over two-thirds of the putative class members were citizens of the City. [read post]
12 Jun 2018, 11:42 am by Wystan Ackerman
She suggests that where there are several early filings, district courts can then select lead plaintiffs and lead counsel in non-securities cases (that is mandated by the Private Securities Litigation Reform Act (“PSLRA”) where it applies). [read post]
9 Mar 2022, 2:06 pm by Kevin LaCroix
  From the settlement data, the report creates lists of the top 50 plaintiffs’ law firms ranked by dollar value of approved class action settlements during 2021 in which the law firm was appointed as lead or co-lead counsel. [read post]
18 Sep 2015, 10:56 am by Wystan Ackerman
If plaintiffs broaden the class in an attempt to avoid those issues, that can often mean that the class includes many people who have no potential entitlement to any relief and no standing to sue, leading to another series of defenses to class certification. [read post]
18 Sep 2015, 10:56 am by Wystan Ackerman
If plaintiffs broaden the class in an attempt to avoid those issues, that can often mean that the class includes many people who have no potential entitlement to any relief and no standing to sue, leading to another series of defenses to class certification. [read post]
18 Sep 2015, 10:56 am by Wystan Ackerman
If plaintiffs broaden the class in an attempt to avoid those issues, that can often mean that the class includes many people who have no potential entitlement to any relief and no standing to sue, leading to another series of defenses to class certification. [read post]
3 Sep 2007, 9:29 am
The Georgia plaintiffs supported centralization but urged the Judicial Panel to coordinate the class actions in either Arkansas or Georgia, but lawyers for plaintiffs in the remaining 17 class action lawsuits opposed centralization. [read post]
3 Feb 2012, 6:00 am by Wystan M. Ackerman
  The district court certified a class, and the lead issue raised on appeal was a claimed failure by the district court to comply with Rule 23(c)(1)(B). [read post]
12 Jan 2012, 3:03 pm by Francis Pileggi
Legal Analysis The Court emphasized that when a stockholder of a Delaware corporation files suit as a representative plaintiff for a class of similarly situated stockholders, the plaintiff voluntarily assumes the role of a fiduciary for the class. [read post]
4 Dec 2006, 7:11 am
" One prominent example of a U.S. case where European institutional investors are serving as lead plaintiffs is the Parmalat Finanziara class action. [read post]
3 Dec 2015, 5:20 am by Ronald V. Miller, Jr.
Bair Hugger Class Action I’m using the phrase “class action” but that is not really what plaintiffs’ lawyers are seeking. [read post]
9 Mar 2021, 9:02 am by Tim Rozelle
A putative class of former patients, who were denied life-saving, quality-of-life maintaining proton therapy cancer treatment, brought a putative class action alleging that UnitedHealthcare and the lead putative class plaintiffs’ employer-based health plans breached their fiduciary duties by wrongfully denying medically necessary proton therapy cancer treatment. [read post]
23 Sep 2008, 6:15 pm
  The Supreme Court noted that, “contact information regarding the identity of potential class member is generally discoverable, so that the lead plaintiff may learn the names of other persons who might assist in prosecuting the case. [read post]
30 Aug 2011, 1:35 pm by Scott Dodson
  These features of the Court’s agenda lead me to make three observations. [read post]
26 Feb 2012, 3:10 pm by structuredsettlements
About 11 years ago Sally Mussmann and Ronda Harmons decided to be the lead plaintiffs in a class action lawsuit against Wal-Mart over the subject of unpaid breaks. [read post]
25 Jan 2007, 2:00 pm
The lead plaintiff in the case, the University of California Board of Regents, has already negotiated settlements with Lehman Brothers, Bank of America, Citigroup, JP Morgan Chase, and [read post]
21 Oct 2010, 7:46 am by Rees Morrison
If your law department has a juicy lawsuit to be filed against a deep pocket, give some thought to a method a judge used to choose the lead counsel in a 2000 price-fixing class action. [read post]
10 May 2008, 9:58 pm
Some argue that without the payoff it wouldn't be worth a lead plaintiff's time; that the consumer helping class action suits couldn't be launched and the legal work done helps consumers. [read post]