Dabit, the high court ruled that plaintiffs' lawyers no longer may bring securities class action
lawsuits in state courts where the securities at issue are listed nationally and traded on a national exchange.
The class action
covers all individuals and entities in the United States that purchased telecommunications services at any time within any period of limitations that may be determined to apply.
This article examines the class action
fees issue and how the courts and the IRS currently determine whether such fees should be included in class members' gross income.
Not to mention (which Bogus doesn't) the astounding growth in class action
litigation that has made many ATLA members wealthy and, in the process, the single biggest benefactor of the Democratic Party, surpassing even organized labor.
The rules of engagement are fairly simple: Find or invent some form of liability, file a class action
on behalf of consumers, agree to a settlement, collect your winnings, and if there's anything left for the consumers in whose name the suit was filed, split it up among them all.
Findings Suggest Corporate Legal Departments Have Substantial Cost Savings in Class Actions
When They Take a Rigorous Approach to Setting a Litigation Reserve or Have One Person Responsible for Class Action
Most plaintiffs try to obtain class certification under a Federal Rule of Civil Procedure that requires the predominance of common to individual issues on the one hand, and the superiority of the class action
to individual suits on the other.
She said corporations oppose class action
because it forces them to be held accountable.
Individuals often face an information blackout when trying to follow a Class Action
Current laws require that each member of a class-action lawsuit have at least $75,000 worth of damages before the class action
can be moved to federal court, said Melissa Shelk, vice president of federal affairs for the American Insurance Association.
Stano will focus his practice on complex commercial insurance and financial services class action
Its share price has fallen more than 60% since April 1999, and the threat of a class action
or a massive product recall would drive the stock into the ground.