Monthly Archives: January 2011

Class Certification Denied to Homeowners in Suit Against Chase

In a case closely watched by the nation’s mortgage lenders, a federal judge in Massachusetts recently denied class certification in a suit against JP Morgan Chase for claims arising out of Chase’s participation in the federal Home Affordable Modification Program

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Disgruntled Class Member Cannot Bring Separate Suit to Collaterally Attack Counsel Fee Award

The Fifth Circuit recently confirmed the power of the lead plaintiff in class action litigation under the Private Securities Litigation Reform Act (“PSLRA”) to control its choice of and compensation arrangements with counsel. In Brown v. Bilek, the court held that

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