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Class Action › Discovery Rule

A class action is a type of legal action where a representative individual or group of individuals can bring a claim on behalf of a larger group or class who share a common legal interest.
A&O Shearman

Second Circuit Affirms Denial Of Post-Judgment Motion For Relief In Putative Securities Class Action

A&O Shearman on

On August 12, 2020, the United States Court of Appeals for the Second Circuit affirmed a decision by the United States District Court for the Southern District of New York denying a motion for relief from judgment filed by...more

Bradley Arant Boult Cummings LLP

Time Stops For No One: The Supreme Court Addresses Timeliness Issues in Two Separate Class Cases

Bradley Arant Boult Cummings LLP on

The U.S. Supreme Court suddenly seems to have a little time on its hands. Or at least on its mind. In two different class action cases on its docket this week, the question at hand was timeliness....more

Orrick - Finance 20/20

Third Circuit Affirms Dismissal of Securities Class Action Against UBS

Orrick - Finance 20/20 on

On September 17, the U.S. Court of Appeals for the Third Circuit affirmed the dismissal, as time-barred, of a class action brought by RMBS certificateholders against UBS over losses related to the RMBS. Filing suit in...more

Akerman LLP

Supreme Court Update: Two Securities Law Decisions This Week, and Another to Come

Akerman LLP on

The United States Supreme Court has taken a keen interest in the securities arena this current term, agreeing to hear at least three cases (of only approximately 70 in total). This week, the Supreme Court announced decisions...more

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