Page 108 - Class Actions News Today

Share this article Share this article MIAMI, May 12, 2021 /PRNewswire/ -- Lance August Harke - known for his roles in some of the largest and most significant national multi-district mass tort and class action cases in U.S. history - joined Upchurch Watson White & Max as a full-time dispute resolution professional earlier this month. He immediately became a member of UWWMs Center for National Class and Mass Actions and will be one of the presenters for "Resolving Class Actions & Mass Clai...

To print this article, all you need is to be registered or login on Mondaq.com. It has been over 15 years since the U.S. Supreme Court addressed the pleading of loss causation in securities fraud cases. In its 2005 decision in Dura Pharmaceuticals Inc. v. Broudo, however, the court merely held that plaintiffs must plead and prove a causal connection between any alleged misrepresentations and the subsequent decline in the companys stock price.[1] It did not address exactl...

To print this article, all you need is to be registered or login on Mondaq.com. Securities litigation, long a prominent – and expensive – feature of jurisdictions such as the US, is increasingly emerging as a threat within the English litigation landscape. Put simply, securities actions seek redress for losses said to have been suffered by investors who have acted on the basis of untrue or misleading information issued to the market. This is generally where bad news ...

To print this article, all you need is to be registered or login on Mondaq.com. On April 21, 2021, Judge Virginia M. Kendall of the United States District Court for the Northern District of Illinois denied a motion to dismiss a putative securities class action against a large Illinois-based electric company (the “Company) for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 as well as Items 105 and 303 of Regulation S-K.   ...

The meteoric rise in the use of special purpose acquisition companies (SPACs)—with more than $98 billion raised in over 300 deals year-to-date alone—has prompted increased government scrutiny of...

To print this article, all you need is to be registered or login on Mondaq.com. The latest wrinkle in the ever-changing world of data privacy litigation is the recent surge in state wiretap claims. What began as a trickle over the summer of 2020 has grown into a clear wave as plaintiffs have filed dozens of lawsuits against prominent tech, eCommerce, entertainment, and retail companies under state wiretap laws.  These lawsuits seek statutory damages for the alleged inte...

Eleventh Circuit Weighs In on Growing Administrative Feasibility Split An examination of the various circuit courts’ reasoning in considering administrative feasibility in determining the propriety of class certification under Rule 23. By Eric Hudson Pexels | Ekaterina Bolovtsova In February 2021, the Eleventh Circuit Court of Appeals contributed to a growing circuit split concerning the requirement of “administrative feasibility” in determining the propriety of class certificati...

5 and even The World Health Organization, 6 it seems that no one is beyond of the reach of the class action, especially in the wake of the coronavirus pandemic. But have the plaintiffs in these cases suffered a bona fide injury caused by the defendants conduct? Many contemporary class actions exhibit features of what one legal scholar of past mass tort waves dubbed the "entrepreneurial model" 7 of lawyer-driven litigation. This article examines those features and the problems they present, and ...

To print this article, all you need is to be registered or login on Mondaq.com. Mandatory arbitration clauses for employment disputes have received a great deal of attention in recent years. In the First Circuit, there is now more clarity regarding the factors used to determine the enforceability of online arbitration agreements. Overview The First Circuit Court of Appeals recent decision,  Emmanuel v. Handy Technologies, Inc., concerns the appellants 2015 putative clas...

In Olean Wholesale Grocery Co-op Inc. v. Bumble Bee Foods LLC, No. 19-56514 (9th Cir. Apr. 6, 2021), the Ninth Circuit clarified several class certification issues that have been heavily in dispute...