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The 9th U.S. Circuit Court of Appeals has scheduled oral arguments in a case that could define the limits of a judge's discretion in determining which lawyers will run lucrative securities fraud class actions. The appeal challenges whether the presumption that plaintiffs with the largest losses in a case should run the litigation can be rejected by a judge who doesn't like their fee agreement with their lawyer.
December 11, 2001 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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