Carlton Fields recently published a survey (pdf) of 368 general counsel and other in-house counsel at major companies across more than 25 industries regarding the class actions they faced in 2012 and their expectations for 2013. A number of the findings were quite interesting: In-house counsel reported that their companies spent $2.1 billion on class… Continue Reading
Tag Archives: antitrust
Judge Mulls Appointment of Own Expert to Evaluate What Could Be the Largest-Ever Class Settlement of Private Antitrust Claims
Posted in Antitrust, Class Action SettlementsIt’s rare for a court to appoint its own expert in a class action. But Judge Gleeson of the Eastern District of New York is poised to do precisely that in order to help him decide whether to grant final approval to the $7.25 billion proposed class settlement of antitrust claims by retailers challenging Visa’s… Continue Reading
Supreme Court Reverses Certification of Antitrust Class Action Where Class Failed To Prove That Damages Could Be Determined On A Classwide Basis
Posted in Antitrust, Class Certification, Predominance, U.S. Supreme CourtAn important and recurring issue in class actions is whether a district court must consider particular merits issues when deciding whether to certify a class under Federal Rule of Civil Procedure 23. Today, in Comcast Corp. v. Behrend (pdf), No. 11-864, the Supreme Court reversed the certification of an antitrust class action because the district court… Continue Reading
Are Quasi-Class Action Suits By State AGs Removable Under CAFA (Or, For Securities Fraud Cases, Barred By SLUSA)?
Posted in Antitrust, Class Action Trends, SecuritiesA number of courts recently have weighed in on a question we’ve blogged before—whether lawsuits by state attorneys general seeking restitution on behalf of private citizens are subject to removal under the Class Action Fairness Act of 2005 (pdf) (“CAFA”). These rulings have broad implications for the litigation of these quasi-class actions. They also are of… Continue Reading
Supreme Court Roundup: The Oral Arguments in Comcast and Amgen
Posted in Class Certification, U.S. Supreme CourtThe Supreme Court’s 2012-13 term is shaping up to be an important one for class action law. Last month, the Court heard argument on the same day in two potentially significant cases. Comcast Corp. v. Behrend concerns whether plaintiffs may obtain class certification without introducing admissible evidence (including expert testimony) that damages can be proven… Continue Reading
Supreme Court Grants Certiorari in American Express Arbitration Case
Posted in Arbitration, U.S. Supreme CourtThe Supreme Court has just granted certiorari in American Express Co. v. Italian Colors Restaurant, No. 12-133. Earlier today, my colleague Andy Pincus previewed the issue presented to the Court, which is (in a nutshell) whether plaintiffs may avoid their agreements to arbitrate on an individual rather than class-wide basis by contending that they cannot… Continue Reading
Supreme Court Poised To Decide Whether To Grant Certiorari In Major Arbitration Case (In re American Express)
Posted in Arbitration, U.S. Supreme CourtWhen the Supreme Court convenes for its private conference today, the Justices will consider whether to grant certiorari in a case presenting one of the most significant questions regarding the meaning of the Court’s ruling in AT&T Mobility v. Concepcion that remains unresolved in the lower courts. Following the Concepcion decision, opponents of arbitration tried… Continue Reading
Can Class Members Opt Out of a Class Settlement But Not the Action? No, Says E.D.N.Y.
Posted in Class Action SettlementsAntitrust class actions differ in a number of respects from the ordinary run of consumer class actions. Perhaps most notably, they frequently involve classes made up, not of individual consumers, but of highly sophisticated businesses with potentially enormous sums of money on the line. These class members sometimes take an active role in the litigation,… Continue Reading