The case before the court deals with a narrow issue of deadlines for initiating litigation. Representing CalPERS, Thomas Goldstein of Goldstein & Russell told the justices litigation could overwhelm the courts if statutory deadlines for opt-out lawsuits are interpreted too strictly.
April 17, 2017 at 04:33 PM
1 minute read
New Justice Neil Gorsuch’s first foray into securities class action law on the U.S. Supreme Court came on his first day on the bench Monday. Though he did not tip his hand explicitly, he showed less sympathy for plaintiffs than for defendants.
His predecessor, the late Antonin Scalia, usually expressed similar preferences, so the court may be ready to take on class action reforms again.
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