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Andrew Tulumello and Aric Wu, partners at Gibson, Dunn & Crutcher, and Brian Boone, an associate at the firm, write that the viability of RICO fraud-based damages class actions will be affected by many doctrinal developments, but the interplay between Bridge and the McLaughlin line of cases will be among the most important. After Bridge , they say, it is difficult to suggest that there should be a blanket rule that reliance issues make certifying RICO fraud-based classes impossible.
May 18, 2009 at 12:00 AM
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