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11 Mar 2024, 9:05 pm by renholding
Finally, lawmakers may want to revisit the lead plaintiff provisions of the Private Securities Litigation Reform Act. [read post]
9 Jan 2023, 9:01 pm by renholding
Bleichmar Fonti & Auld served as counsel for lead plaintiff representing the class. [read post]
30 Jul 2012, 1:25 pm by rhall@initiativelegal.com
  Because FINRA maintains the arbitration forum in which customers and securities firms often resolve their disputes, it was expected that other firms would have followed Schwab’s lead, had Schwab’s attempt to bar class actions been successful. [read post]
15 May 2010, 6:00 am
District Judge James Selna appointed four attorneys to be lead counsel for two committees that deal primarily with the biggest issues facing Toyota — wrongful death claims, and claims filed by those who believe their cars have lost value because the Japanese automaker has recalled about 8 million vehicles.Typically, in class actions like this one, multiple heavy hitter lawyers from different firms will file lawsuits in in different jurisdictions to jockey for position as… [read post]
21 Sep 2020, 1:23 pm by Seyfarth Shaw LLP
However, practitioners might consider settling class and collective action lawsuits by providing the class representative, or collective action lead plaintiff, with a reasonable supplemental payment in exchange for a release that is broader than the one to which the class or collective agrees in an effort to eliminate the issues raised by the Eleventh Circuit. [read post]
17 Aug 2016, 7:42 am
This is a problem for the Complaint as a whole because the lead plaintiffs need to be members of that class. [read post]
24 Feb 2017, 7:20 am by John Wester
In the first ruling denying class relief, the district court had “conflated” an analysis of the merits of the relief available to the plaintiffs with threshold class certification requirements of Rule 23. [read post]
24 Feb 2017, 7:20 am by John Wester
In the first ruling denying class relief, the district court had “conflated” an analysis of the merits of the relief available to the plaintiffs with threshold class certification requirements of Rule 23. [read post]
6 Dec 2007, 4:15 am
Plaintiffs subsequently agreed to arbitration but insisted on the right to pursue a class action because the class action waiver was unenforceable, id. [read post]
27 Apr 2021, 5:00 am by John Jascob
A customer of TD Ameritrade sued as lead plaintiff for a group of investors who purchased and sold securities through TD Ameritrade between 2011 and 2014. [read post]
25 Feb 2013, 9:55 am by Wystan M. Ackerman
  The class action settlement called for creation of a $35.5 million settlement fund, from which direct payments would be made to class members on a “claims made” basis, $14 million of attorneys’ fees would be paid to plaintiffs’ counsel, and the remainder (less administrative costs) would be distributed to cy pres recipients to be chosen later by the judge from proposals submitted by the parties. [read post]
28 Sep 2007, 4:05 pm
Friday's arguments in the class-action lawsuit against DuPont and New York-based T.L. [read post]
3 Sep 2009, 11:57 am
A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. [read post]
25 Nov 2019, 1:26 pm by Kevin LaCroix
On August 6, 2019, as discussed here, a plaintiff shareholder filed a securities class action lawsuit against Canada-based cannabis company Curaleaf Holdings. [read post]
18 Apr 2008, 3:52 pm
Notably, the certification denies Co-Lead Plaintiff Avalon Holdings Inc., an institutional investor based in Greece, being a member of the class. [read post]
31 Aug 2020, 3:00 pm by Kevin LaCroix
” [5]   Increased reliance on activist short-seller reports by securities class action plaintiffs’ attorneys presents a systemic conflict of interest that may in fact lead to meritless class action claims at the expense of directors and officers of U.S. [read post]
29 Mar 2020, 7:12 am
In 2019, plaintiffs filed a total of 64 securities class action lawsuits (as compared to 54 in 2018) against non-U.S. issuers through a total of 83 securities class action complaints filed before consolidation: The Second Circuit continued to be the jurisdiction of choice for plaintiffs, with the next most popular circuit as the Third Circuit. [read post]