The Supreme Court heard argument today in the securities class action case, Merck & Co., Inc. v. Reynolds, No. 08-905 (U.S.). The case involves allegations that the defendant defrauded investors by making false statements about the health risks associated with the drug Vioxx. The issue in the case, courtesy of SCOTUS Wiki, is Whether under the “inquiry [...]
Archive for November, 2009
Supreme Court Considers “Inquiry Notice” Standard in Securities Class Actions
Posted in Class Action News, Securities Class Actions, Supreme Court Decisions, tagged inquiry notice, merck v. reynolds, scienter, scotus, securities class action, u.s. supreme court, United States Supreme Court, vioxx on November 30, 2009 | Leave a Comment »
If You’re an Inhabitant of the Planet Earth, A Lawsuit May Affect Your Rights
Posted in Class Action News, International Class Action Law, tagged armageddon, atom smasher, black hole, cern, global class action, international class action, lhc, particle, particle accelerator on November 23, 2009 | 1 Comment »
Science editor Mark Henderson has a story on the Times Online’s blog Eureka about what could be the largest representative action ever filed in the history of the world. The complaint, filed with the UN Human Rights Committee, seeks to save every inhabitant of the planet (and perhaps the entire solar system) from what could be imminent [...]
Another Common Reliance Theory Fails in Colorado
Posted in Class Action Decisions, Colorado Class Action News, tagged affiliated ute, benzing, common proof, consumer class action, consumer fraud, fraud on the market, presumed reliance on November 12, 2009 | Leave a Comment »
In April, the Colorado Supreme Court decided Farmers Ins. Exchange v. Benzing, 206 P.3d 812 (Colo. 2009), in which it rejected the “fraud on the market” theory of reliance in a consumer class action. Now, Garcia v. Medved Chevrolet, Inc., No. 09CA1465 (Colo. Ct. App., Nov. 12, 2009), the Colorado Court of Appeals has rejected the [...]
Bulletproof Blog Offers Expert Insight on Key Canadian Class Action Trend
Posted in Class Action Trends, International Class Action Law, Other class action blogs, tagged canada class action, canadian class action, ontario class action, securities class action on November 11, 2009 | Leave a Comment »
In the latest installment of Bulletproof Blog‘s series on class action trends from the plaintiffs’ perspective, Larry Smith interviews Canadian lawyer Won Kim. Kim discusses a recent Ontario court ruling that allows U.S. plaintiffs’ firms to provide administrative support and legal expertise to their Canadian counterparts for class action litigation in Canada. For the complete [...]
Notes from the 13th Annual National Institute on Class Actions (San Francisco)
Posted in Class Action Trends, CLE Programs, tagged class action notice, class action trend, class certification, national institute on class actions, nica on November 5, 2009 | Leave a Comment »
I was not able to attend the National Institute on Class Actions program in San Fransisco, but class action notice expert Dr. Shannon R. Wheatman (swheatman@gmail.com), was there and she graciously agreed to send me her notes of what sounds like another great conference. I think that Shannon’s article also marks the first guest post on ClassActionBlawg, and I am very grateful for [...]
7th Circuit Issues Report on E-Discovery Principles
Posted in Electronic discovery, tagged e-discovery, Electronic discovery, esi, seventh circuit on November 3, 2009 | Leave a Comment »
The Seventh Circuit Court of Appeals has begun implementation of an electronic discovery pilot program, which will be conducted between October 1, 2009 and May 1, 2010. The program is the result of recommenations of an e-discovery committee of private practitioners, in-house counsel, judges, and e-discovery consultants, “formed to consider what can be done to reduce the costs of [...]
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Sovereignty, Federalism and Class Actions
Posted in Class Action Decisions, Class Action News, Commentary, tagged alien tort claims act, atca, federalism, filipino, marcos, merrill lynch, philippines, ramos, sovereign immunity, sovereignty on November 19, 2009 | Leave a Comment »
Daniel Wise of the New York Law Journal has an interesting article out today on a recent New York state court decision involving a complex dispute over assets of former Philippines dictator, Ferdinand Marcos, being held by Merrill Lynch in New York. The court ordered that the funds be paid to satisfy part of a $2 billion judgment awarded to class [...]
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