Class Action Law Reporter
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December 2012
Case in Point
Investors settle with brokerage firms over improper trades
The class alleged seven brokerage firms and their parent companies violated the Securities Exchange Act of 1934 by manipulating the market, making false statements, and concealing material facts to defraud investors. The defendants agreed to pay $18.5 million. In re NYSE Specialists Secs. Litig.
News
- Comcast Supreme Court argument not as bad for plaintiffs as feared
Courtney L. Davenport - Supreme Court hears issue of proving materiality at certification
Courtney L. Davenport
Verdicts & Settlements
Decisions
Articles
Just Filed
- Suit claims private equity firms rigged buy-out bids to shareholders’ detriment
- Consumers allege large dropper in prescription eye drops leads to waste
- New Orleans Saints ticket holders sue NFL for ‘dictatorial’ interference on bounty program
- Class alleges drugmakers know drugs are good after expiration dates, but warn customers to discard them and buy more
- Shareholders sue Hewlett-Packard over purchase of beleaguered company Autonomy
Certification News
- Seventh Circuit certifies Whirlpool washing-machine class action
- Court denies certification in wage-and-hour suit against retailer Wet Seal
- N.Y. federal court certifies class claiming New York City did not accommodate disabled residents during Hurricane Irene
- Text-message spam suit against Papa John’s pizza may proceed as class action
- Court certifies class of T.J. Maxx managers seeking unpaid overtime
