On February 10, 2017, U.S. Rep. and House Judiciary Committee Chairman, Bob Goodlatte (R-Va), introduced a new version of his Fairness in Class Action Litigation Act of 2017 (H.R. 985) (the "Act"). The Act, while bearing the...more
2/23/2017
/ Attorney's Fees ,
Class Action ,
Class Certification ,
Class Members ,
Conflicts of Interest ,
Damages ,
Disclosure Requirements ,
Discovery ,
FRCP 23(f) ,
Motion To Strike ,
Motion to Transfer ,
Proposed Legislation ,
PSLRA ,
Settlement ,
Stays ,
The Fairness in Class Action Litigation Act of 2015 ,
Third Party Funding
It's a familiar story in M&A transactions. A merger is announced and, within days, the plaintiffs' bar scrambles to file suits on behalf of the selling company's stockholders, alleging that the seller's board agreed to an...more