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David L. Yohai, a partner at Weil, Gotshal & Manges, and David R. Singh, an associate at the firm, write that the Second Circuit has taken a significant step toward protecting defendants from meritless class actions by clearing up confusion around what standards govern class certification motions. This clarification should provide insurers and financial services with a much stronger defense against plaintiffs who previously would be able to certify a class with a minimal showing.
March 22, 2007 at 12:00 AM
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