Auctions, bidding, quarreling, dissension. Sounds like an evening at Sotheby’s. In fact, it captures much of the last year’s developments in class actions.

The Third U.S. Circuit Court of Appeals Task Force Report on the Selection of Class Counsel took a negative view of judicial auctioning of the lead counsel role. And, in addition to important securities class-action decisions dealing with auctions, lead plaintiff and lead counsel designations, amendments to Federal Rule of Civil Procedure 23 that will apply to all class actions are pending.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]