Law

Adverse Interest Exception Not Applied in Securities Class Action

On Oct. 23, the U.S. Court of Appeals for the Ninth Circuit decided the following issue of first impression: Whether, when assessing the pleading adequacy of a securities class action complaint's ...
Law

Expanding the Scope of 'Securities-Related' Exception to the Class Action Fairness Act

In Krasner v. Cedar Realty Trust, et al., — F.4th –, 2023 WL 7517017 (2d Cir. Nov. 14, 2023), the U.S. Court of Appeals for the Second Circuit considered whether the securities-related exception to ...
JD Supra

Inherently Transitory Exception to Save Transgender Inmate Putative Class?

Mootness, as one of the big three justiciability requirements, is a jurisdictional requirement on which judges do not normally postpone adjudication. But in a recent putative class action of ...
JD Supra

Sixth Circuit solidifies circuit split by rejecting “juridical link” exception to class action standing

Takeaway: Federal Rule 23 authorizes representative litigation in the form of class actions that satisfy its various requirements. The policy underlying the rule is efficiency. For example, the ...
The Providence Journal

Are RI's guardians of ethics such insiders they can't rule on the conflicts of others?

Rhode Island's Ethics Commission has the power to investigate all three branches of government for conflicts of interest. The commission has repeatedly found no conflicts of interest when asked to ...