In the typical class action brought pursuant to Rule 23 of the Federal Rules of Civil Procedure, a single plaintiff brings claims on behalf of a group of absent plaintiffs. This structure provides the ...

Often in the law, much hinges on the choice of a particular word. This is true of a contract, a statute, and it is no less true of the Federal Rules of Civil Procedure. There is one word in the ...

(Reuters) - The U.S. government fundamentally believes in shareholder class actions. Back in 1987, when the U.S. Supreme Court was contemplating the fraud-on-the-market principle that is the framework ...