In a closely followed case concerning class certification in securities fraud class actions, the U. S. Supreme Court has held that the generic nature of a company’s statements should be considered in determining whether such...more
6/28/2021
/ Arkansas Teacher Retirement System v Goldman Sachs Group ,
Basic v Levinson ,
Burden of Persuasion ,
Burden of Proof ,
Certiorari ,
Class Action ,
Class Certification ,
Conflicts of Interest ,
Goldman Sachs ,
Investors ,
Presumption of Reliance ,
SCOTUS ,
Securities Exchange Act ,
Securities Litigation ,
Shareholders
The rapid spread of COVID-19 and related government public safety mandates have caused numerous companies to make difficult business decisions as well as reassess their ongoing business practices. As companies prepare for the...more
Focus areas included FCRA, Fair Lending, ancillary fees and services (such as lender placed flood insurance), TCPA, privacy and data security and other topics. Consumer Financial Protection Bureau’s Director Kathleen...more
3/9/2020
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Class Action ,
Consumer Contracts ,
Consumer Financial Products ,
Cybersecurity ,
Data Privacy ,
Data Security ,
Elder Issues ,
Environmental Social & Governance (ESG) ,
Fair Credit Reporting Act (FCRA) ,
Financial Abuse ,
Financial Services Industry ,
Libor ,
Military Service Members ,
Popular ,
TCPA ,
Underwriting ,
Veterans
On May 16, 2016, the U.S. Supreme Court issued its long-awaited opinion in Spokeo, Inc. v. Robins, No. 13-1339, addressing the question of Article III standing in consumer class actions where the plaintiffs allege statutory...more
In recent years many defendants facing putative class action lawsuits in federal court have sought to neutralize these lawsuits by offering total relief to all named plaintiffs before the district court issues a ruling on...more
1/21/2016
/ Article III ,
Campbell Ewald v Gomez ,
Class Action ,
Class Representatives ,
Mootness ,
Relief Measures ,
Rule 68 ,
SCOTUS ,
Settlement Offer ,
Standing ,
TCPA