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Legal ethics issues affecting funding of class actions, how funding affects ability to bring class actions and implications for settlement values
Delaware Business Court Insider
By Ellen Bardash | May 8, 2024
It's a unique situation for Delaware's high court, with attorneys from the plaintiffs' bar and those who represent the corporate side sitting at the same table, united in wanting to uphold a settlement that a subset of the class of AMC shareholders wants to have overturned.
4 minute read
By Mason Lawlor | May 8, 2024
This suit was surfaced by Law.com Radar.
3 minute read
By Aleeza Furman | May 7, 2024
Brody ruled that Ikea's deletion of four email accounts significantly prejudiced the plaintiffs, and the company's "conduct and strategy of delay and obfuscation since plaintiffs first inquired about the deleted accounts in January 2023 displayed a lack of candor that is offensive to a court."
3 minute read
By Amanda O'Brien | May 7, 2024
The proposed settlement would max out the firm's insurance limits and ultimately net $37 million for defrauded investors. It also includes $1.2 million set aside for two groups that seek to pursue their own claims against the firm.
4 minute read
By Amanda Bronstad | May 7, 2024
In a May 4 opening brief before the U.S. Court of Appeals for the Ninth Circuit, objectors said that the Facebook settlement over the Cambridge Analytica scandal discounted the statutory claims of 253 million class members by more than 99.7%.
4 minute read
By Michael A. Mora | May 6, 2024
Mark Cuban and the Dallas Mavericks are the remaining defendants, with a trial set tip off in November.
3 minute read
By Adam J. Levitt | May 6, 2024
Arguing Class Actions is a monthly column for the National Law Journal written by DiCello Levitt's Adam J. Levitt.
7 minute read
By Daniel B. Garrie and Michael Mann | May 3, 2024
While AI in the legal profession still has a long way to go before it truly replaces the role of lawyers and judges on a large scale, AI has many uses that can increase efficiency. It is likely that we will only see AI take on a larger role and continue to change the way we practice law.
6 minute read
By Jane Wester | May 2, 2024
The panel of Circuit Judges Steven Menashi, Eunice Lee and Sarah Merriam ruled that the definitions of "All Natural" as pleaded failed to create a triable issue of fact. The decision was a win for a team of King & Spalding attorneys.
3 minute read
By Rhys Dipshan | May 2, 2024
Western Alliance Bank's "2024 Digital Payments in Class Actions and Mass Torts" report found that fraud grew regardless of whether claims were paid via digital payment or paper checks, though digital payments are fast becoming the norm.
5 minute read
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