Tag Archives: Supreme Court

7th Circuit Reverses Denial of Class-Action in Merrill Lynch Case

On February 24, 2012, the Court of Appeals for the Seventh Circuit reversed a district court ruling denying class-action certification in an employment discrimination suit against brokerage firm Merrill Lynch. See McReynolds v. Merrill Lynch, Pierce, Fenner, & Smith. Case … 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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Supreme Court: Individual Consumers Must Arbitrate Against Large Corporations

Earlier this year the Supreme Court ruled 8-1 to reverse a decision from the Ninth Circuit and enforce a provision in a credit-card agreement requiring plaintiffs to arbitrate claims over unfair lending practices. The decision in CompuCredit Corp. v. Greenwood … Continue reading

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