Another Supreme win for securities class plaintiffs 
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Tags: class certification, fraud on the market theory, materiality, Rule 23(b)(3), U.S. Supreme Court
WASHINGTON – At a time when class certification has become tougher under recent U.S. Supreme Court precedent, securities plaintiffs scored a major win when the justices ruled that materiality need not be proven at the certification stage of fraud-on-the-market claims.
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