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Whistleblower Denied a Share of $279 Million Award Sues the SEC - Vimarsana News

Whistleblower Denied a Share of $279 Million Award Sues the SEC

An anonymous whistleblower has asked a federal appeals court to overturn a Securities and Exchange Commission decision denying her a share of a record $279 million bounty award issued last month.

Professional Plaintiff Can't Represent Class - Vimarsana News

Professional Plaintiff Can't Represent Class

Tuesday, December 29, 2020 A recent denial of a professional plaintiff’s motion for class certification shows that, irrespective of whether such plaintiffs have standing to sue on their own behalf, courts are increasingly skeptical that contrived claims are amenable to class treatment.  See Hirsch v. USHealth Advisors, LLC, No. 4:18-CV-00245-P, 2020 WL 7186380, at *1 (N.D. Tex. Dec. 7, 2020). The Facts The plaintiff in this case, Aaron Hirsch, was a real estate agent who used his cell phone for both business and personal use. He had listed his cell phone number on the national Do...