February 2013

February 28, 2013 11:13 AM | Posted by Joshua E. Roberts | Permalink
According to the Supreme Court’s decision in Amgen Inc. v. Connecticut Retirement Plans and Trust Funds, No. 11-1085, (U.S., Feb. 27, 2013), the Supreme Court held that plaintiffs in securities fraud cases need not prove material reliance prior to class certification – materiality can be put on hold. This highly anticipated decision is sure to send ripples through the class action world. Find out more after the jump. read more
February 8, 2013 11:10 AM | Posted by Adam J. Koppel | Permalink
In Baldwin v. Regions Financial Corp., 98 So. 3d 1201 (Fla. 3d DCA 2012), the District Court of Appeal of the Third District of Florida held that an arbitration clause of a loan agreement, containing a class action waiver, was not void as being against public policy by being contrary to the remedies provided by the Florida Consumer Collection Practices Act (FCCPA). read more