A few weeks ago, I posted a link to a Cornerstone Research report concluding that securities class action settlements were at a 10-year low. Yesterday, securities litigators Daniel Tyukody and Gerald Silk posted an article in the New York Times DealBook blog entitled Understanding the Dip in Class-Action Securities Settlements with some insights explaining the downturn. Among the explanations are [...]
Archive for the ‘Securities Class Actions’ Category
NYT Dealbook Blog: Explaining the Securities Class Action Downturn
Posted in Class Action Settlements, Class Action Trends, Securities Class Actions, tagged cornerstone research, credit crisis, dealb%k, dealbook, economic crisis, economic downturn, financial restatements, mortgage crisis, New York Times, NYT, securities class action, securities fraud, securities litigation, securities settlement, silk, tyukody on April 3, 2012 | 1 Comment »
Securities Class Action Business Not Booming, Says Cornerstone Research
Posted in Class Action Trends, Reports and Surveys, Securities Class Actions, tagged class action, class action settlement, cornerstone research, pslra, reform act, securities class action, settlement trends, slusa on March 14, 2012 | 2 Comments »
Cornerstone Research has published a new study on trends in securities class action settlements concluding that the total number of securities class action settlements, the total amount of settlement dollars, and the average settlement value, fell to their lowest levels in 10 years in 2011. Michael J. de la Merced of the New York Times authored this article summarizing the study’s [...]
And Speaking of Morrison…
Posted in Class Action Decisions, International Class Action Law, Securities Class Actions, tagged 10b, 10b-5, absolute activist, conduct and effects, ficeto, morrison, national australia bank, scotus, securities class action, securities fraud, transactional test, u.s. supreme court on March 6, 2012 | Leave a Comment »
The Second Circuit Court of Appeals issued a decision last week that confirms that there are still situations where primarily foreign securities fraud disputes may be litigated as class actions in the United States courts. The decision explores the contours of the US Supreme Court’s holding in Morrison v. National Australia Bank Ltd., 130 S. Ct. 2869 (2010) that § [...]
Are US Class Actions in Danger of Being Outsourced to Mexico?
Posted in Class Action Trends, International Class Action Law, Other class action blogs, Reports and Surveys, Securities Class Actions, tagged australia class action, f-cubed, foreign cubed, international class action, mexican class action, mexico, mexico class action, morrison, national australia bank, securities class action on March 5, 2012 | Leave a Comment »
Kevin LaCroix, whose blog The D&O Diary is a premier source for the latest trends in securities-related class action litigation, has an excellent post out today discussing two key developments in an area that is very close to my heart, international class action litigation. The first part of LaCroix’s post discusses a recent publication from Asia-based International law firm King & Wood Mallesons discussing class action [...]
2010-11 U.S. Supreme Court Class Action Tally: Defendants 1, Plaintiffs 1
Posted in rule 23, Securities Class Actions, Supreme Court Decisions, tagged erica p. john, fifth circuit, fraud on the market, frcp 23, preponderance, presumption of reliance, rule 23, securities class action, securities fraud on June 6, 2011 | Leave a Comment »
Just when we were starting to think that 2011 might mark the end of the great American class action… Today, the Supreme Court issued a unanimous decision reversing a denial of class certification in the securities class action Erica P. John Fund, Inc. v. Halliburton Co., No. 09-1403, slip op (June 6, 2011). In the opinion, authored by [...]
Cornerstone Research Issues Annual Report on Securities Class Action Settlements
Posted in Class Action Settlements, Class Action Trends, Reports and Surveys, Securities Class Actions, tagged "plaintiff-style" damages, accounting principles, class action settlement, cornerstone research, institutional investor, pslra, reform act, securities class action, securities class action settlement on March 16, 2011 | Leave a Comment »
Yesterday, Cornerstone Research published its annual report titled Securities Class Action Settlements–2010 Review and Analysis. Among the findings in this year’s report: The number of approved securities class action settlements was at a 10-year low The total dollar value of settlements decreased 17% from 2009 to 2010, The median settlement amount was up 40%, but the average [...]
Supreme Court Adds a Fourth Class Action Case to its Docket
Posted in Class Action Decisions, Federal Civil Procedure, Federal Court Decisions, Securities Class Actions, Supreme Court Decisions, tagged burden of proof, class certification, erica p. john fund, fraud on the market, halliburton, price inflation, scotus, securities class action, securities fraud, Supreme Court, u.s. supreme court on January 7, 2011 | 1 Comment »
Instead of a trilogy of class action decisions by the U.S. Supreme Court this term, it looks like there will be a “quadrilogy“! For the fourth time in the October 2010 Term, the Court has granted certiorari in a class action-related case. Today, the Court granted cert in Erica P. John Fund, Inc. v. Halliburton Co., No. 09-1403. The [...]
Class Action Blogosphere Periodic Review
Posted in Class Action Decisions, Class Action News, Class Action Trends, Consumer Class Actions, Employment Class Actions, Securities Class Actions, Supreme Court Decisions, tagged all writs act, ascertainability, AT&T Mobility, class action waiver, class arbitration waiver, collateral estoppel, concepcion, consumer class action, expert witness discovery, fast food class action, hooters, mcdonald's class action, oppression remedy, rule 26(a)(2), securities class action, wage and hour class action on November 9, 2010 | 2 Comments »
It’s back! We can’t promise that it will appear weekly, so we changed the name to Class Action Blogosphere “Periodic” Review. But, as always, we have combed through our favorite blogs and news feeds to bring our readers up to speed on a some of the notable developments in class action news. The End of [...]
Supreme Court Justices Take on Foreign-Cubed Problem
Posted in Class Action News, Class Action Trends, Securities Class Actions, Supreme Court Decisions, tagged f-cubed, foreign cubed, morrison, scotus, securities class action, Supreme Court, transnational class action on March 30, 2010 | Leave a Comment »
The United States Supreme Court heard oral argument Monday in the foreign cubed securities class action Morrison v. National Australia Bank, Ltd., Case No. 08-1191. A copy of the transcript is available on the Court’s website. Professor Hannah L. Buxbaum, Executive Associate Dean for Academic Affairs at the Indiana University Maurer School of Law at Bloomington, has [...]
Subscribe by Email
Twitter Feed: @classaction
- More Perspectives on Trends in Class Arbitration Waivers a Year After Concepcion bit.ly/LjFGTu 1 day ago
- California Supreme Court to Weigh in on Statistical Sampling bit.ly/KKBau8 4 days ago
- It’s Not too Late to Sign up for Next Week’s CLE Webinar on Statistics in Class Actions bit.ly/KGpifs 1 week ago
-
Our Contributors
-
Recent Comments
- More Perspectives on Trends in Class Arbitration Waivers a Year After Concepcion « ClassActionBlawg.com on Concepcion a Year Later, Are Consumer Class Actions Dead Yet?
- California Supreme Court to Weigh in on Statistical Sampling « ClassActionBlawg.com on Trial By Formula, Statistical Sampling, and the Right to Due Process
- Concepcion a Year Later, Are Consumer Class Actions Dead Yet? « ClassActionBlawg.com on Battleground TCPA
- Concepcion a Year Later, Are Consumer Class Actions Dead Yet? « ClassActionBlawg.com on NYT Dealbook Blog: Explaining the Securities Class Action Downturn
- Concepcion a Year Later, Are Consumer Class Actions Dead Yet? « ClassActionBlawg.com on Will AT&T Mobility v. Concepcion Really Kill the Consumer Class Action?
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
Posts by Date
-
-
Tags
“Like” Us On Facebook
Paul Karlsgodt
Raj Chohan
CAB Staff
What Fraud Claims Make for a Good Class Action? Justice Breyer has an Idea.
Posted in Commentary, Securities Class Actions, Supreme Court Decisions, tagged breyer, erica p. john fund, fraud, fraud on the market, halliburton, oral argument, presumed reliance, presumption of reliance, reliance, scotus, securities fraud, Supreme Court on April 25, 2011 | Leave a Comment »
The United States Supreme Court heard oral argument today in the case of Erica P. John Fund, Inc. v. Halliburton Co., No. 09-1403. A transcript of the argument is now available on the Court’s website. Erica P. John Fund involves the appropriate standard for assessing class certification in securities fraud cases brought under the “fraud [...]
Read Full Post »