Tag: Class Actions

Essay on Funding Irrationality

Adam S. Zimmerman - New York University School of Law

My article Funding Irrationality addresses a relatively unexamined issue in the literature of class action settlements and public settlement funds: should the people who oversee a large settlement fund account for claimants’ irrational settlement decisions?
Much of the literature related to large settlements seeks to improve how judges and private… Read More »

Embedded Aggregation in Civil Litigation

Richard A. Nagareda - Vanderbilt University Law School

In debates over civil litigation, class actions have long garnered considerable attention.  Controversy continues to rage over efforts to certify class actions in the face of objections from defendants.  Debate also swirls over their use as a vehicle for settlement, with the defendant’s consent.  All of this ferment suggests that… Read More »

Fraud on the Global Market: U.S. Courts Don’t Buy It; Subject-Matter Jurisdiction In F-Cubed Securities Class Actions

Julie B. Rubenstein

The ability of publicly available information to affect stock prices and the globalization of the world’s economies has ushered in an era of transnational securities fraud.  The United States, with its unique class-action mechanism, has become an increasingly attractive forum not only for U.S. investors seeking to recoup their losses… Read More »

The Choice-of-Law Problem(s) in the Class Action Context

Genevieve York-Erwin

Over the past forty years, damage class actions have come to play an increasingly significant regulatory role in the consumer context. Recent legal developments, however, have greatly diminished the damage class’s practical utility:  While damage class actions remain viable on the books, in practice unfavorable federal precedent and nearly exclusive… Read More »

A Response to James McDonald’s “Milberg’s Monopoly” in Duke Law Journal Vol. 58

Len Simon - Former Partner, Milberg LLP

This is a response to James McDonald’s student Note, Milberg’s Monopoly: Restoring Honesty and Competition to the Plaintiffs’ Bar in Volume 58 of the Duke Law Journal.  Click here for the Note.
Although the Duke Law Journal’s article, Milberg’s Monopoly: Restoring Honesty and Competition to the Plaintiffs’ Bar, reflects a lot of effort… Read More »

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