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Shearman & Sterling LLP | USA | 3 Feb 2023
Fifth Circuit Holds That Complaint Based On Confidential Informant’s Allegations Sufficiently Alleged Material Misrepresentation And Omission In Investor Class Action
On January 18, 2023, the United States Court of Appeals for the Fifth Circuit reversed and remanded the district court's order dismissing the…
Shearman & Sterling LLP | USA | 3 Feb 2023
Northern District of California Dodges Ninth Circuit Precedent, Allows Putative Consumer Class Action To Proceed With Some California State Law Antitrust Claims
In 2020, the Ninth Circuit issued a landmark decision rejecting the Federal Trade Commission’s antitrust claims challenging a chipmaker’s (the…
Duane Morris LLP | USA | 2 Feb 2023
DMCAR Trend #4 - The Likelihood Of Class Certification In 2022 Was As Strong As Ever
In 2022, the plaintiffs’ class action bar succeeded in certifying class actions at a high rate. Across all major types of class actions, courts…
Duane Morris LLP | USA | 2 Feb 2023
Illinois Supreme Court Holds Five-Year Statute Of Limitations Applies To The BIPA
In one of the most highly anticipated class action rulings in years, in Tims, et al. V. Black Horse Carriers, Inc., Case No. 127801 (Ill. Feb. 2…
Duane Morris LLP | USA | 1 Feb 2023
DMCAR Trend #3 The Arbitration Defense Suffered Setbacks In 2022 Video
Duane Morris Takeaway: Watch the video below featuring Duane Morris partner Jennifer Riley discussing the impact of arbitration on class action…
Duane Morris LLP | USA | 31 Jan 2023
The Fifth Circuit Breathes Live Into A Securities Fraud Class Action Based On Information From Confidential Witnesses
At the motion to dismiss stage of a securities fraud class action, the weight given to the statements of a confidential witness will depend on the…
Duane Morris LLP | USA | 28 Jan 2023
Defendants Lose Motion To Dismiss Antitrust Class Action Over No Poach Claims
In Borozny, et al, v. Raytheon Technologies Corp, Pratt & Whitney Division et al, No. 3:21-CV-1657, 2023 WL 348323 (D. Conn. Jan. 20, 2023), Judge…
Keller and Heckman LLP | USA | 25 Jan 2023
Costco’s Motion to Dismiss Misleading “Dolphin-Safe” Canned Tuna Class Action Denied
On January 17, a California federal judge denied Costco Wholesale Corp.’s motion to dismiss a class action complaint that alleged the “dolphin-safe”…
NERA Economic Consulting | USA | 24 Jan 2023
New Report Shows the Lowest Number of Federal Securities Class Actions Filed Since 2009
NERA Economic Consulting has released "Recent Trends in Securities Class Action Litigation: 2022 Full-Year Review," the latest edition of its annual…
Duane Morris LLP | USA | 23 Jan 2023
DMCAR Trend # 2 - The U.S. Supreme Court’s Decisions In 2022 Continued To Define The Class Action Landscape
As the ultimate referee of law, the U.S. Supreme Court has continued to define and shift the playing field for class action litigation. The Supreme…
