Sentences with phrase «under class action rules»

Under class action rules, IMF will require at least seven former or current shareholders signed up to move to the next stage of the class action.

Not exact matches

The class action, filed in United States District Court, Southern District of New York, and docketed under 18 - cv - 02213, is on behalf of a class consisting of investors who purchased or otherwise acquired BRF American Depositary Receipts («ADRs») between April 4, 2013 and March 2, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officclass action, filed in United States District Court, Southern District of New York, and docketed under 18 - cv - 02213, is on behalf of a class consisting of investors who purchased or otherwise acquired BRF American Depositary Receipts («ADRs») between April 4, 2013 and March 2, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officclass consisting of investors who purchased or otherwise acquired BRF American Depositary Receipts («ADRs») between April 4, 2013 and March 2, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officClass Period»), seeking to recover damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officials.

The class action, filed in United States District Court, for the District of Illinois, Eastern Division, is on behalf of a class consisting of investors who purchased or otherwise acquired Akorn's securities between March 1, 2017 through February 26, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officclass action, filed in United States District Court, for the District of Illinois, Eastern Division, is on behalf of a class consisting of investors who purchased or otherwise acquired Akorn's securities between March 1, 2017 through February 26, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officclass consisting of investors who purchased or otherwise acquired Akorn's securities between March 1, 2017 through February 26, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officClass Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officials.

The suit also challenges DOL's oversight of IRAs as well as the rule's creation of a «private right of action» to bring class - action lawsuits under the best interest contract exemption, which Scalia called «one of the most troubling aspects» of BICE.

Bartz argued that the Employee Retirement Income Security Act would now pre-empt state law under the rule and that the rule improperly created a private right of action that could set up class - action lawsuits against insurance companies and agents.

It's only under the Department of Labor's fiduciary rule that the fiduciary duty is not just an obligation of the advisor but also the Financial Institution, and it's only under the DoL rule (unlike the Investment Advisers Act) that fiduciary breaches must have the opportunity to escalate to class action status.

Still, opponents are aiming mostly at phase two rules that establish a class - action right to sue under the Best Interest Contract Exemption.

Thrivent Financial for Lutherans became the sixth plaintiff to lob a complaint against the Department of Labor's fiduciary rule when the insurer filed a suit in late September challenging the class - action waiver requirement under the rule's best interest contract exemption, or BICE.

April 10, 2018 • The ruling means immigrants protected under the Deferred Action for Childhood Arrivals program will have to pay up to three times what they've been paying to enroll in classes starting in summer.

The ruling heightens the risk, particularly for credit counseling agencies doing business in the First Circuit (encompassing Maine, Massachusetts, New Hampshire, Puerto Rico, and Rhode Island), that their activities, especially their DMPs and less - than - full balance repayment programs, may trigger coverage under CROA and give rise to class action litigation, forcing them — at great expense — to prove that they are actually operating as bona fide nonprofit organizations (in order to be exempt from CROA, particularly for what has transpired in the past), or, alternatively, to comply with CROA's requirements prospectively.

(The suits are referred to as a mass action because they involve multiple suits that raise similar claims, but they don't seek to be certified as a class action under the federal rules of civil procedure.)

Canadian Class Actions Monitor Federal Court confirms no cost awards granted against Plaintiffs for discontinuance of class proceedings under Rule 334.3Class Actions Monitor Federal Court confirms no cost awards granted against Plaintiffs for discontinuance of class proceedings under Rule 334.3class proceedings under Rule 334.39 (1)

This version is the distillation of the authoritative 11 - volume treatise, Securities Regulation, in one convenient volume, offering expert analysis of every significant aspect of securities law, including: Primary liability under 10 (b); Insider trading; Sanctions; Disclosure requirements; Rules and forms for offerings; SEC reporting; Forward - looking statements; Class action suits; Bespeaks caution cases; ADR in securities disputes.

In July of 2015, an institutional investor with a substantial stake in MDC's common shares commenced a proposed securities class action against MDC and certain of its officers under the U.S. Securities Exchange Act of 1934 and Securities and Exchange Commission («SEC») Rule 10b - 5 in the U.S. District Court for the Southern District of New York (the «U.S. Securities Class Action&raqclass action against MDC and certain of its officers under the U.S. Securities Exchange Act of 1934 and Securities and Exchange Commission («SEC») Rule 10b - 5 in the U.S. District Court for the Southern District of New York (the «U.S. Securities Class Action&raaction against MDC and certain of its officers under the U.S. Securities Exchange Act of 1934 and Securities and Exchange Commission («SEC») Rule 10b - 5 in the U.S. District Court for the Southern District of New York (the «U.S. Securities Class Action&raqClass Action&raAction»).

In response to the policy argument against allowing relitigation of class certification, the Court noted that stare decisis and comity are the legal system's remedies for repetitive litigation that falls outside of the rules of preclusion, and that once a class action is removed to federal court under the Class Action Fairness Act of 2005 (CAFA), 28 U.Sclass certification, the Court noted that stare decisis and comity are the legal system's remedies for repetitive litigation that falls outside of the rules of preclusion, and that once a class action is removed to federal court under the Class Action Fairness Act of 2005 (CAFA), 28 U.Sclass action is removed to federal court under the Class Action Fairness Act of 2005 (CAFA), 28 U.action is removed to federal court under the Class Action Fairness Act of 2005 (CAFA), 28 U.SClass Action Fairness Act of 2005 (CAFA), 28 U.Action Fairness Act of 2005 (CAFA), 28 U.S.C.??

In Shady Grove Orthopedic Associates v. Allstate Insurance Company, the Supreme Court held that a New York law placing limits on class actions did not preclude a federal district court sitting in diversity from entertaining a class action under Rule 23.

Defended a creditor group of banks in a class action securities fraud claim in California under Rule 10b - 5 brought by equity investors in a drilling company

In this class of cases, we think the rule of action which should govern the civil courts, founded in a broad and sound view of the relations of church and state under our system of laws, and supported by a preponderating weight of judicial authority, is that whenever the questions of discipline or of faith or ecclesiastical rule, custom, or law have been decided by the highest of these church judicatories to which the matter has been carried, the legal tribunals must accept such decisions as final and as binding on them in their application to the case before them.

Lead counsel for investor in a toy company sued in federal court in a class action securities fraud action under Rule 10b - 5 for alleged insider trading

Theses rulings will impact standing concepts and jurisdictional challenges, liability under the WARN and the ERISA, appeals of class certification decisions, challenges to EEOC administrative subpoenas, and rules on American Pipe tolling and application of statute of limitations in class actions.

Defended national bank and its directors in class action securities fraud case under Rule 10b - 5 in federal court

The complaint in the civil suit against Maggio claimed that Maggio had abused the public trust, which is a class D felony in Arkansas, and that this abuse made him liable to Ms. Bull's estate under the statute that allows victims of a felony to bring a civil action; that Maggio breached a fiduciary duty to the plaintiffs by engaging in conduct that violated certain judicial and statutory rules; that Maggio engaged in a civil conspiracy with Gilbert Baker and Michael Morton; and that Maggio acted in concert with Morton and Baker.

I. Whether differences among individual class members may be ignored and a class action certified under Federal Rule of Civil Procedure 23 (b)(3), or a collective action certified under the Fair Labor Standards Act, where liability and damages will be determined with statistical techniques that presume all class members are identical to the average observed in a sample; and

Class action lawyers like to sue under that provision because it is less demanding, in a variety of ways, than Rule 23 (b)(3) suits, which usually are the only available alternative....

We also have significant experience in administrative and other regulatory litigation, including agency rule challenges, regulatory investigations under state and federal false claims acts and unfair trade practice statutes, and defending clients in related individual and class action civil suits.

Under no circumstances will class action procedures or rules apply to the arbitration.

That's even after the 2016 U.S. Supreme Court ruling in Spokeo v. Robins holding that plaintiffs must prove «concrete injury» in class - action lawsuits under the FCRA.