Recent Articles

Remember, a Class Action Settlement Is a Compromise

Paul Karlsgodt
March 16, 2012 17:00

David Lat posted an article on the legal industry blog Above the Law yesterday that caught my eye.  Lat’s post, entitled Benchslap of the Day: Second Circuit Rebukes Rakoff, discusses the Second Circuit Court of Appeals’ per curium decision granting a stay pending the appeal of the...

Securities Class Action Business Not Booming, Says Cornerstone Research

Paul Karlsgodt
March 14, 2012 23:06

Cornerstone Research has published a new study on trends in securities class action settlements concluding that the total number of securities class action settlements, the total amount of settlement dollars, and the average settlement value, fell to their lowest levels in 10 years in 2011. ...

You May Be Entitled to a Substantial Award in a Class Action Settlement, Just Send Us All Your Personal Information and You’ll Get a Huge Check

Paul Karlsgodt
March 09, 2012 00:12

The Record staff writer Harvy Lipman authored this article today discussing the New Jersey Attorney General’s warning to consumers about a scam involving a fake class action notice.  The official-looking notice directs recipients to send personal information in order to obtain settlement...

Class Action Lawyers: Brush Up on Your Knowledge of Regulatory Issues at an Upcoming Colorado Bar Association CLE

Paul Karlsgodt
March 06, 2012 21:11

Whether the subject matter focus of your practice is consumer fraud, employment, insurance, environmental, securities, or antitrust, civil rights or something else altogether, it’s hard to be an effective class action lawyer unless you have a basic understanding of regulatory issues and...

And Speaking of Morrison…

Paul Karlsgodt
March 06, 2012 18:41

The Second Circuit Court of Appeals issued a decision last week that confirms that there are still situations where primarily foreign securities fraud disputes may be litigated as class actions in the United States courts.  The decision explores the contours of the US Supreme Court’s holding...

Are US Class Actions in Danger of Being Outsourced to Mexico?

Paul Karlsgodt
March 06, 2012 01:13

Kevin LaCroix, whose blog The D&O Diary is a premier source for the latest trends in securities-related class action litigation, has an excellent post out today discussing two key developments in an area that is very close to my heart, international class action litigation.  The first part of...

More on Posner’s McReynolds Decision

Paul Karlsgodt
March 02, 2012 22:15

For those readers who are interested in additional insights on Judge Posner’s opinion in McReynolds v. Merrill Lynch, Pierce, Fenner & Smith, Inc., No. 11-3639 (7th Cir., Feb. 24, 2012), which was the subject of Wednesday’s CAB post, here’s a link to an insightful executive...

Think Dukes Was the End of the Employment Discrimination Class Action? Think Again.

Paul Karlsgodt
February 29, 2012 20:10

Last Friday, the Seventh Circuit Court of Appeals issued a significant employment class action decision that may challenge conventional wisdom about the impact of the Supreme Court’s 2011 decision in Wal-Mart Stores, Inc. v. Dukes.   The opinion, authored by respected Judge Richard Posner,...

Can’t Seem to Find Common Ground with Plaintiff’s Counsel? Try the Trustee.

Paul Karlsgodt
February 28, 2012 03:19

Alison Frankel, whose On the Case blog is featured in the Thomson Reuters News and Insight section, posted this interesting article today discussing a novel alternative to the class action as a device to resolve mass disputes.  The procedural device in question is Article 77 of the New York State...

Please Excuse the Silence

Paul Karlsgodt
February 18, 2012 00:45

I’m taking a week or two off of blogging to work on the copy edited chapters for the World Class Actions book.  So far, most of the authors have been great at getting their chapters back to me with revisions, so I remain optimistic that we’ll be able to keep the publication schedule on...