Critical Mass: SCOTUS Takes Another Swipe at Class Actions. Plus, Plaintiffs' Bar Salary Wars
The U.S. Supreme Court dealt another blow to class actions this week with a decision that prevents lawyers from tolling the filing of individual shareholder cases.
June 13, 2018 at 01:13 PM
5 minute read
Critical Mass Law.com Amanda Bronstad U.S. Supreme Court class actions aren't Milbank 4th Circuit Lipitor [email protected] @abronstadlaw.
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SCOTUS Takes Another Swipe at Class Actions
U.S. Supreme Court class actions China Agritech v. Resh Law.com Marcia Coyle here decision California Public Employees' Retirement System v. ANZ Securities American Pipe & Construction v. Utah Justice Ruth Bader Ginsburg American Pipe Sean Coffey Kramer Levin The courts continue to chip away at the private right of action for shareholders...Today's ruling is another limit placed on the plaintiffs' bar and will exacerbate the fear that a federal judiciary increasingly stocked with conservative Trump appointees will further imperil their business model.” Archis Parasharami Mayer Brown “The decision should give businesses confidence that they will not face an endless series of class actions over the same conduct...As a result of the decision in , defendants will not face new class actions that are filed after the statute of limitations has expired.”
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Q&A: How Does the Plaintiffs Bar Match Salaries?
Milbank raise associate salaries. Law.com latest story $190,000 That got me thinking plaintiffs bar Lieff Cabraser Steve Fineman Q: How do plaintiffs' firms compete with each other on salaries? A: Q: What other parameters do you use in competing for recruits? A:
|Not Exactly 'Junk Science,' But ... 'Farcical'?
4th Circuit 3,128 lawsuits Lipitor Here here That's not exactly what the 4th Circuit called it. “To hand to a jury the evidence here and ask it to reach a conclusion as to causation with any amount of certainty would be farcical and would likely result in a verdict steeped in speculation.” It's another big win Mark Cheffo recently jumped Quinn Emanuel Dechert 3rd Circuit here Zoloft Derek Ho Kellogg Hansen 
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Litigious Tort Reformers Called Out for 'Hypocrisy'
New York Law School Center for Justice & Democracy top 30 tort reform "hypocrites" of 2018 the report So who's No. 1? President Donald Trump “Trump has tried to block the courthouse doors to others in his business dealings and during his year and a half as President. But when he believes that he or his companies have been wronged in some way, he has always run straight to court. He has done so thousands of times.” Also on the list U.S. Chamber of Commerce Institute for Legal Reform General Motors Chrysler Bayer Pfizer Ted Frank Center for Class Action Fairness Covington Burling Phil Howard proponent $125 million contingency fee 3M Law.com Scott Flaherty here Minnesota Public Radio here.
Opioid Options Dozens of bills U.S. House of Representatives opioid ABC News The Hill Paul Farrell Greene Ketchum Paul Hanly Simmons Hanly Conroy Joe Rice Motley Rice Swan Song? Anthem data breach settlement Thursday special master's report $38 million fee request $9 million U.S. District Judge Lucy Koh Altshuler Berzon Cohen Milstein Lieff Cabraser Girard Gibbs Ted Frank Center for Class Action Fairness that here Ripple Effect Ripple Labs securities class action Law.com story says Robbins Arroyo Robbins Geller Ripple's lawyers Skadden Debevoise Blue Buffalo
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