Classified contributors have blogged numerous times (including several times this year) on opinions that tested the boundaries of American Pipe tolling, including those that addressed whether the doctrine applies to claims...more
In its seminal 1974 American Pipe opinion, the Supreme Court held that the commencement of a class action tolls the applicable statutes of limitation as to all putative class members who would have been parties had the class...more
9/2/2016
/ American Pipe & Construction Co. v. Utah ,
Bernie Madoff ,
Class Action ,
FRCP 23 ,
Investment Fraud ,
JPMorgan Chase ,
Ponzi Scheme ,
Putative Class Actions ,
Rules Enabling Act ,
Securities ,
Securities Exchange Act ,
Securities Fraud ,
Statute of Limitations ,
Statute of Repose ,
Tolling
The District Court for the Southern District of Ohio recently limited the American Pipe tolling doctrine in a fraud suit arising out of the sale of residential mortgage-backed securities (“RMBS”). Plaintiffs’ 2011 Ohio...more