The Supreme Court has put a stop to a tactic used by class action plaintiffs to avoid federal court. On Tuesday, the Court held that a named plaintiff’s precertification affidavit capping the damages could not bind the...more
- Amount in Controversy CAFA Class Action Damages Jurisdiction SCOTUS
The U.S. Supreme Court recently rejected the need for plaintiffs to prove materiality at the class certification stage in federal securities fraud class actions, thus allowing shareholders of Amgen to proceed as a class in a...more
- Amgen Inc. v Connecticut Retirement Plans Class Action Class Certification SCOTUS Securities Fraud
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