I attended the ABA’s National Institute on Class Actions last week in Chicago, and one theme was clear. Plaintiffs’ lawyers are increasingly fond of asking courts to certify cases so-called “issue classes,” invoking Rule 23(c)(4).
When Tesco PLC announced on September 22, 2014 that its previously forecast first-half profit had been overstated by £250 ($408.8 million), the news of the accounting irregularities was “serious,” as Tesco plc’s CEO of less than a month’s standing at the time put it.
The Illinois Supreme Court recently granted a Petition for Leave to Appeal in Price v. Phillip Morris, Inc., after the Illinois Appellate Court for the Fifth District effectively reinstated a $10 Billion verdict against Philip Morris from 2003. 9 N.E.3d 599 (5th Dist. 2014).
One of the last barriers to full enforcement of arbitration agreements with class action waivers sustained another blow last week.
Retailers, restaurants, and other employers received a $4 million reminder last week of the need to ensure compliance with the Fair Credit Reporting Act’s disclosure requirements in connection with employee background checks.
The recent news headline “Jimmy John’s Notifies Customers of Payment Card Security Incident” caught our attention because the credit and debit card information was stolen at 216 Jimmy John’s locations, including in states with Taft offices: Arizona, Illinois, Indiana, Kentucky, and Ohio.
The Sixth Circuit has never held either way on the propriety of making incentive payments to class representatives in class action settlements.
A US appeals court has dismissed a proposed securities fraud class action, clarifying when a corporation will be deemed to make misstatements knowingly.
In his recent decision in McSherry v. Zimmer GMBH, Justice Perell of the Ontario Superior Court certified a national opt out class action that dovetails with a related national opt in class action previously certified in British Columbia.