U.S. Courts News Reporter
This post comes from the non-Butler Snow side of the blog.
The Bair Hugger MDL has an up and down history. First, we lauded the district court’s Rule 702 rulings that led to summary judgment across the board for the defendant. But then the Eighth Circuit reversed. The cases came back to the district court and the litigation has hobbled along since. That’s all about the substance of the cases. On procedure, the defendant is now batting two for two. … Read the rest
One of the procedural innovations the PSLRA introduced was the requirement that plaintiffs’ counsel who file a securities class action lawsuit complaint must issue a press release announcing the complaint’s filing and notifying prospective class members of the opportunity to seek to become lead plaintiff. Plaintiffs’ lawyers quickly realized the potential publicity value for them from this exercise. Over time, related practices have developed, including the now commonplace practice in which plaintiffs’ lawyers issue a press release before they have … Read the rest