Tag Archives: dodd frank

First Circuit Approves Cy Pres Distribution in Consumer Class Action

I have previously blogged about decisions in which the U.S. Court of Appeals for the Fifth Circuit and the Ninth Circuit rejected cy pres distributions of remaining funds in class action settlements. Recently, however, the Court of Appeals for the First … Continue reading

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SEC Releases Study on the Cross-Border Scope of the Private Right of Action Under Section 10(b) of the Exchange Act

This is an update to our November 30, 2010 and April 26, 2011 blog posts relating to the SEC’s Study on Extraterritorial Private Rights of Action.  The study was a result of the Supreme Court’s decision in Morrison v. National … Continue reading

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District Court certifies class in Bayer vitamin suit

On February 3, 2012, another court distinguished the Supreme Court’s holding in Wal-Mart Stores, Inc. v Dukes, 131 S. Ct.2541 (2011).  In Johns  v. Bayer Corp. et al.,  2012 WL 368032 (S.D. Cal.) the District Court for the Southern District … Continue reading

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