United States: Second Circuit Decertifies Class In Long-Running Putative Class Action, Holding That Defendants Rebutted Presumption Of Reliance - Shearman & Sterling LLP

United States: Second Circuit Decertifies Class In Long-Running Putative Class Action, Holding That Defendants Rebutted Presumption Of Reliance - Shearman & Sterling LLP

Mondaq

Published

On August 10, 2023, the United States Court of Appeals for the Second Circuit reversed the district court's class certification order in a putative class action asserting claims under Section 10(b)...

Full Article