Class certification, which centers on the key element of reliance on the alleged misrepresentations, is often a critical question in securities class actions. While the burden of persuasion on the motion has been addressed in a number of decisions, critical …
Class Certification and the Burden of Persuasion Read More »
The Supreme Court heard arguments in an important securities case on Monday, Amgen Inc. v. Connecticut Retirement Plans and Trust Funds, Docket No. 11-1085. The question for resolution is whether a securities law plaintiff must demonstrate that the claimed misrepresentations …
Rule 23, Basic And Class Certification in Securities Fraud Suits Read More »