Monthly Archives: October 2011

Securities Fraud Class Certification Fails Due to Critical Question: Did All Class Members Purchase a Security?

A recurring theme here has been the importance in class certification motions of the underlying substantive law. Yet another recent example comes from a securities fraud action in a Nevada federal court. In Goodman v. Platinum Condominium Development, the court

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Debt Collectors Fail to Collect More Plaintiffs in Class Action

How broad must a class be in a class action suit? Just broad enough to satisfy the requirements of Rule 23, according to an Alabama federal judge. The district court recently refused an attempt by two debt collectors to compel

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