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Class Is In Session: The Third Circuit Heightens Ascertainability With Rigor In Carrera V. Bayer Corp., Stephanie Haas
Class Is In Session: The Third Circuit Heightens Ascertainability With Rigor In Carrera V. Bayer Corp., Stephanie Haas
Villanova Law Review
No abstract provided.
Inherent Incompatibility Doctrine Circles The Drain In Knepper V. Rite Aid Corp.: "Hybrid" Wage & Hour Claims Float In Third Circuit, Chad Odhner
Villanova Law Review
No abstract provided.
Who Owns A Class Action?, Richard A. Booth
Who Owns A Class Action?, Richard A. Booth
Villanova Law Review
This Essay considers the potential implications for securities class actions of Standard Fire Insurance Co. v. Knowles, which is presently before the Supreme Court. Although the ultimate question in Knowles is whether the plaintiff class may be gerrymandered so as to avoid removal to federal court, a closely related question may arise in securities fraud class actions (which are filed in federal court in the first place). In an action under SEC Rule 10b-5, the plaintiff typically seeks to recover for losses suffered as a result of buying a stock at a price inflated by management misrepresentations. In such a …