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Archive for April, 2009

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 [...]

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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 [...]

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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 [...]

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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 [...]

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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.

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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 & [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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