Defeating Class Certification in Securities Fraud Actions

Roosevelt III, Kermit
March 2003
Review of Litigation;Spring2003, Vol. 22 Issue 2, p405
Academic Journal
Examines the situations in which the defense counsel must oppose class certification in securities fraud actions. lack of support given to the proposition that certification is appropriate for all securities fraud cases; Issues that may complicate efforts undertaken by plaintiffs who are seeking class certification.


Related Articles

  • Clinton signs bill on securities litigation. Ferris, Craig T. // Bond Buyer;11/05/98, Vol. 326 Issue 30515, p2 

    Reports on President Bill Clinton's signing of a legislation setting uniform federal standards for securities fraud class action suits involving nationally-traded securities. Approval of the measure by Congress; Arguments raised by opponents of the law.

  • Securities fraud suits set record.  // Crain's Cleveland Business;03/01/99, Vol. 20 Issue 9, p19 

    Reports on a record-setting total named as defendants in federal class action securities fraud lawsuits. Data compiled by the Stanford Securities Class Action Clearinghouse in California; Introduction of the Private Securities Litigation Reform Act in 1995.

  • Time Is Right For Claim-Made Settlements In Securities Fraud Class Actions. Monteleone, Joseph P. // National Underwriter / Property & Casualty Risk & Benefits Manag;12/3/2001, Vol. 105 Issue 49, p23 

    Examines claim-made settlements and defense costs in securities class-action litigation. List of companies with securities class-action settlements as of December 3, 2001; Discussion on a strategy for limiting the value of class-action settlements; How to address objections regarding settlement...

  • Securities Act impact may be overstated. Sclafane, Susanne // National Underwriter / Property & Casualty Risk & Benefits Manag;08/03/98, Vol. 102 Issue 31, p4 

    Highlights the criticisms against the Securities Litigation Uniform Standard Act of 1997, a bill that sets uniform national standards for class-action shareholder suits involving nationally-traded securities. United States House of Representatives' approval of the bill; Problem concerning...

  • Class actions go Dutch.  // Lawyer;3/26/2012, Vol. 26 Issue 13, p14 

    The article focuses on the U.S. Supreme Court ruling in the case Morrison et al. v. National Australia Bank Ltd. et al., which dealt with jurisdiction extension in U.S. securities fraud claims. Topics include the U.S. Securities Exchange Act and the extraterritorial reach of U.S. courts. It is...

  • Google settles, but fails to satisfy advertisers. Oser, Kris // Advertising Age;3/13/2006, Vol. 77 Issue 11, p3 

    The article reports on the settlement of a class-action lawsuit filed against Google on behalf of all advertisers that have taken part in the online company's AdWords program. The settlement allows them to apply for reimbursement for invalid or fraudulent clicks that occurred since 2002. Those...

  • The Availability of Collateral Attack for Inadequate Representation in Class Suits. Woolley, Patrick // Texas Law Review;Dec2000, Vol. 79 Issue 2, p383 

    Explores the availability of collateral attack for inadequate representation in class litigation in Texas law. Preclusive effect of adequacy findings in class litigation; Other approaches to limiting the availability of collateral attack; Information on the defense of collateral attack.

  • JUDGES ARE APPLYING THE BRAKES TO THE ACCELERATING NUMBER OF CLASS ACTION SECURITIES FRAUD LAWSUITS. Palin, Mark T.; Howson, Christine E. // Orange County Business Journal;10/15/2001, Vol. 24 Issue 42, p8 

    Reports on an increase in the number of companies in California that are being sued in federal class action securities fraud lawsuits as of October 2001. Growth of the economic incentive to file such lawsuits; Greater judicial skepticism toward such types of litigation; Federal court judges'...

  • Court Revives Securities Fraud Suit.  // InsideCounsel;Sep2009, Vol. 20 Issue 213, p82 

    The article discusses a court case wherein the 5th Circuit Court revived a class action suit against Flowserve Corp. for alleged fraud and falsification of financial reports. The Circuit Court panel, which included retired U.S. Supreme Court Justice Sandra Day O'Connor, concluded that the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics