The Colorado Supreme Court issued one of its most significant class action decisions in recent years today in Farmers Ins. Exch. v. Benzing, No. 07SC483 (Colo., April 27, 2009), rejecting the so-called “fraud on the market” theory of reliance and loss causation in an insurance class action. Justice Bender authored the decision on behalf of [...]
Archive for April, 2009
Colorado Supreme Court Rejects “Fraud on the Market” Theory in Consumer Insurance Class Action
Posted in Class Action Decisions, Colorado Class Action News, Consumer Class Actions, tagged affiliated ute, consumer class action, fraud on the market, loss causation, presumed reliance, presumption of reliance, price inflation, securities class action on April 27, 2009 | 4 Comments »
Class Actions Make America Great
Posted in Class Action Humor, tagged america class action, entrepreneurial litigation on April 23, 2009 | 1 Comment »
In the entertaining Free Refills and Why I Love America, Ann Arbor, Michigan blogger Wally has listed class actions as the number #11 best thing about living in the U.S., just behind the Super Big Gulp. Class action-philes might feel a bit slighted about not making the top 10, but at least we got a mention! Wally’s colorful description of [...]
Supreme Court Case Combines Issues of Education, Federalism, Separation of Powers, and Politics
Posted in Civil Rights Class Actions, Class Action News, Supreme Court Decisions, tagged civil rights, civil rights class action, education class action, english language learning, federalism, separation of powers, thorne v. flores on April 20, 2009 | Leave a Comment »
The U.S. Supreme Court heard oral argument Monday in a Horne v. Flores, a case that originated as a class action against the State of Arizona for insufficient funding of education for non-native-English speaking students. For a report on the oral argument, see this AP article. The case is interesting from a variety of perspectives, but perhaps most [...]
PWC Issues Annual Securities Class Action Report
Posted in Reports and Surveys, Securities Class Actions, tagged class action report, class action statistics, Class Action Trends, securities class action on April 15, 2009 | 2 Comments »
PriceWaterhouseCoopers has published its 13th annual report on trends in private securities class actions. The 2008 report offers a variety of statistics, trends, and insights into securities class action litigation from the past year. Some of the statistical highlights include an overall increase in filings but a decrease in the number and amount of settlements. The [...]
American Lawyer: Trend in Subprime Securities Dismissals
Posted in Class Action Decisions, Class Action News, Class Action Trends, Securities Class Actions, tagged motion to dismiss, scienter, securities class action, subprime class action, tellabs on April 14, 2009 | Leave a Comment »
No time for extended entry this evening, but here’s a link to a tidbit from Andrew Longstreth of the American Lawyer (via Law.com) discussing a possible trend in the federal courts ruling on motions to dismiss subprime-related securities class actions for failure by the plaintiffs to meet the scienter requirements under Tellabs.
LSI’s Litigating Class Actions Conference to Be Held in Seattle on May 7 and 8
Posted in CLE Programs, tagged class action CLE, class action conference, Class Action Trends on April 9, 2009 | Leave a Comment »
I got an email the other day about LSI’s 5th Annual Litigating Class Actions conference. I’ve been to this seminar in the past and thought it was very well done. I can’t make it this year, but for anyone interested I thought I’d pass along the details: Litigating Class Actions – 5th Annual Conference May 7 & [...]
“Class Actions in Canada”: the Source for Class Actions in Canada
Posted in International Class Action Law, Other class action blogs, tagged canada class action, canadian class action, International Class Action Law on April 9, 2009 | Leave a Comment »
The loyal reader will note that ClassActionBlawg covers class action trends in other parts of the world, including Canada. But since I live about 1000 miles (or 1609.344 km) from Canada, and certainly have no license to practice law there, you have to take anything I say about trends in Canadian law with a huge grain of salt. Not so with Ward Branch’s [...]
Judicial Council of California Report on Class Action Trends Released
Posted in Class Action Trends, Lawyers' Resources, Reports and Surveys on April 8, 2009 | Leave a Comment »
Hilary Hehman, Senior Research Analyst, Office of Court Research, Judicial Council of California, offered the following comment today, which deserves its own entry: The Judicial Council of California just released the first in a series of reports detailing the findings of a study of class action litigation in California state courts. The first interim report [...]
Can You Just “Double it and Add 30″ to Get to a Reasonable Fee Award?
Posted in Civil Rights Class Actions, Class Action Decisions, Supreme Court Decisions, tagged attorneys fees, class action attorneys fee, fee award, fee shifting, lodestar, Supreme Court, u.s. supreme court on April 7, 2009 | Leave a Comment »
According to SCOTUS Blog, the ABA Journal, and other sources (see the citations within Debra Cassens Weiss’s ABA Journal article), the U.S. Supreme Court has accepted certiorari in Perdue v. Kenny A., et al., Case No. 08-970. The appeal involves an attorneys fee award to attorneys who successfully prosecuted a class action on behalf of thousands of foster children in Georgia’s [...]
Supreme Court of Canada Deals Setback to Nationwide Class Action Settlements
Posted in Class Action Decisions, International Class Action Law, tagged canada class action, canada national class action, canadian class action, International Class Action Law, ontario class action, quebec class action, supereme court of canada on April 6, 2009 | Leave a Comment »
A colleague tipped me off today to the Supreme Court of Canada’s April 2 decision in Canada Post Corp. v. Lépine, 2009 SCC 16. In that case, Canada’s high court upheld a lower court decision limiting the reach of a settlement class action filed in Ontario, purportedly on behalf of all residents of Canada other than residents [...]

