Tag Archives: securities class action

For Workers Class Actions Are More than a Procedural Mechanism

In previous posts we have emphasized the importance of class actions to individuals seeking to enforce their rights against more powerful corporations, most recently in “Abbey Spanier Comments on the Harm to Individuals Caused by Pre-Dispute Arbitration Clauses.”  As we … Continue reading

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Sen. Al Frankin Introduces Class Action Bill

Senator Al Frankin of Minnesota recently introduced a new bill to address the Supreme Court’s decision in Wal-Mart v. Dukes by restoring workers’ ability to challenge discriminatory employment policies and practices. To bring an action on a class-wide basis requires … Continue reading

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Second Circuit Interprets Transaction Prong of Morrison Test

Recently, in Absolute Activist Value Master Fund Limited v. Ficeto, Docket No. 11-0221-cv, 2012 U.S. App. LEXIS 4258 (2d Cir. Mar. 1, 2012), the Second Circuit interpreted for the first time, the second prong of the test enunciated by the … Continue reading

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