Bass, Berry & Sims attorney Chris Lazarini provided insight on a case in which plaintiff in a putative class action sought injunctive relief under Rules 23(d) and 65 of the Federal Rules of Civil Procedure alleging the...more
Bass, Berry & Sims attorney Chris Lazarini reviewed a court decision dismissing a putative class action for lack of Article III standing. To qualify as a “case” or “controversy,” the plaintiff must establish that it suffered...more
Bass, Berry & Sims attorney Chris Lazarini commented on a case involving guidance on the Private Securities Litigation Reform Act's (PSLRA) procedures for selection of lead plaintiffs in a securities class action. As outlined...more
Bass, Berry & Sims attorney Chris Lazarini examined a case in which the New York Court of Appeals provided guidance on Rule 908 of the New York Civil Practice Law and Rules, deciding that Rule 908 requires sending notice of a...more
Bass, Berry & Sims attorney Chris Lazarini commented on a case involving alleged violations of federal and state securities laws and state common law in an alleged scheme to defraud customers and investors in several...more
Bass, Berry & Sims attorney Chris Lazarini examined a case in which the defendants claimed a state court did not have jurisdiction to hear a class action lawsuit alleging violations of the Securities Act of 1933. The court...more
6/6/2017
/ Class Action ,
Concurrent Jurisdiction ,
Exclusive Jurisdiction ,
Federal Jurisdiction ,
Motion to Dismiss ,
Pleadings ,
PLSRA ,
Securities Act of 1933 ,
Securities Litigation ,
SLUSA ,
State Law Claims
Bass, Berry & Sims attorney Chris Lazarini discussed the class action suit brought against Party City alleging the company failed to disclose material facts in SEC documents when it did not discuss the impact the decline in...more
4/19/2017
/ Class Action ,
Failure To Disclose ,
Initial Public Offering (IPO) ,
Material Misstatements ,
Materiality ,
Omissions ,
Prospectus ,
Registration Statement ,
Section 11 ,
Section 12 ,
Section 15(c) ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Stock Drop Litigation
Bass, Berry & Sims attorney Chris Lazarini analyzed a putative class action case that posed whether common questions of law or fact predominate on the reliance element of Plaintiffs' Section 10(b) claims. The court concluded...more
1/7/2017
/ Bonds ,
Class Action ,
Class Certification ,
Federal Rules of Civil Procedure ,
Fraud ,
Fraud-on-the-Market ,
FRCP 23 ,
Investment Funds ,
Predominance Requirement ,
Presumption of Reliance ,
Puerto Rico ,
Rule 10(b)
Bass, Berry & Sims attorney Chris Lazarini provided insight on a case revealing that while less stringent standards are often applied to pro se litigants, courts still should require them to adhere to the procedural rules....more
12/2/2016
/ Attorney General ,
Auditors ,
Class Action ,
Dismissal With Prejudice ,
Failure To State A Claim ,
Federal Rule 12(b)(6) ,
FRCP 12(b)(3) ,
Investment Companies ,
Mismanagement ,
Motion to Dismiss ,
Pro Se Litigants ,
Sovereign Immunity ,
State Law Claims ,
State Teachers Retirement System ,
Teachers ,
Venue