Perspective
Dec. 8, 2011
Appellate courts split over securities class actions
The 9th Circuit speaks out about securities class certification. By William F. Sullivan, Peter Y. Cho and Timothy D. Reynolds of Paul Hastings LLP
Class certification, the battleground for class actions in general, and private securities class actions in particular, was at the forefront of the U.S. Supreme Court jurisprudence when it decided Erica P. John Fund v. Halliburton, 131 S. Ct. 2179, and Wal-Mart Stores Inc. v. Dukes, 131 S. Ct. 2541, this past term.
Recently, the 9th U.S. Circuit Court of Appeals continued the re...
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