Monthly Archives: March 2013

Video Interview: Discussing Standard Fire v. Knowles with LXBN TV

Following up on my recent post on the case, I had the opportunity to speak with Colin O’Keefe of LXBN regarding the Supreme Court’s ruling in Standard Fire v. Knowles. In the brief interview, I explain the background of the

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The Supreme Court’s Amgen Decision: Keeping Merits Inquiries Out of “Fraud on the Market”

While the Supreme Court’s recent jurisprudence has increasingly favored merits inquiries at the class certification stage, there is one area in which the Court has been reluctant to blur the distinction between certification and merits: the “fraud on the market”

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Supreme Court: Damages Stipulation Does Not Defeat CAFA Jurisdiction

The Supreme Court held today that a named class plaintiff’s pre-certification stipulation that the class will seek less than $5 million in damages does not defeat federal diversity jurisdiction under CAFA. In Standard Fire Insurance Co. v. Knowles, a unanimous

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Third Circuit: Cy Pres OK, But Don’t Get Carried Away

Late last year, the Ninth Circuit affirmed an expansive use of cy pres remedies in class action settlements, refusing to second-guess either the parties’ selection of a cy pres recipient or the district court’s determination that the use of a

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