The Third Circuit’s recent opinion in In re Baby Products Antitrust Litig. is noteworthy for its approach to cy pres distributions in class settlements, a topic that has also garnered recent…
High Court Strikes a Blow to Securities-Fraud Defendants Opposing Class Certification
In a watershed moment for class action securities litigation, last Wednesday the Supreme Court issued its opinion in Amgen, Inc. v. Connecticut Retirement Plans and Trust Funds, making it ea…
In an opinion authored by Chief Justice Sandra Lynch that could, and should, find its way into civil procedure casebooks, the First Circuit charted a course through the complexities of the E…
In an April 30th post, we described the First Circuit’s recent decision in In re: Lupron Marketing and Sales Practices Litigation, in which the court for the first time articulated the stand…
The First Circuit and Cy Pres
In 2009, the First Circuit held, as a matter of first impression, that class action settlement agreements may, in appropriate circumstances, include provisions for cy pres distributions. In…