A securities fraud plaintiff was not required to submit proof of materiality in order to obtain class certification.
See “Court rejects materiality requirement for securities class certification”
U.S. Supreme Court. Amgen v. Connecticut Retirement Plans and Trust Funds, No. 11-1085. Feb. 27, 2013. Lawyers USA No. 993-3843.
This is the first edition of Lawyers USA's Lawyers in Practice, where we discuss the hot issues facing practicing attorneys and law firms.
In this edition, we discuss how to prevent legal malpractice claims with better communication, with Jim Calloway, director of the Oklahoma Bar Association's Management Assistance Program, and Dan Pinnington, vice-president of Claims Prevention and Stakeholder Relations at LawPRO, a professional liability carrier based in Toronto, Canada.