Even so, many brand-name corporations face large class actions, including Cablevision, Monster Worldwide and United HealthCare.
The researchers then individually examined 650 shareholder class actions to determine the type of claims involved.
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Scalia also appears to be itching for a fight over class actions in general.
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In my opinion participating in class actions is good for pensions and the country.
Both rulings have supplemented Congressional attempts to curb class actions during the past two decades.
Since AMD sued, 61 me-too class actions have been filed in state and federal courts.
Several big employment class actions have gone to trial and this one likely will, too.
Dukes another Congressional creation is at issue: The federal court rules allowing class actions.
Connecticut Retirement Plans and Trust Funds, both delve into the certification of class actions.
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Because of the dearth of trials, class actions are rarely won on the merits.
FORBES: Supreme Court Could Impose New Restrictions On Class Actions
So why is the Supreme Court now trying to impose substantial restrictions on class actions?
Connecticut (see below), which also attempts to restrict the ways class actions can be formed.
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Judges routinely consider the merits of securities claims in order to establish class actions, he said.
FORBES: Class-Action Lawyers Face Triple Threat At Supreme Court
To reduce the pressure, corporate lawyers figured out how to write arbitration clauses that prohibit class actions.
Concepcion, the Court allowed companies to circumvent class actions by making changes to their agreements with consumers.
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The only people who make real money in class actions, critics say, are the lawyers on both sides.
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The class actions come amid rapidly mounting scrutiny of variable annuity sales practices by the NASD and others.
Concepcion, the Court allowed companies to evade class actions by directing their contractual partners into individual arbitration proceedings.
They may have an ally in Ginsberg, who has expressed distaste for sprawling class actions in the past.
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Federal courts must consider the laws of every state a case might touch, complicating class actions like this.
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Concepcion, that consumers can be required to go into individual arbitration instead of being combined into large class actions.
FORBES: Supreme Court Shows Skepticism About Class Arbitration
The entrepreneurial, highly profitable business of filing class actions has its own reasons to stay close to government regulators.
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Some judges are taking a harder line on attorney bills in class actions.
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For sheer chutzpah few cases exceed the attempted class actions against Coca-Cola Co.
Butler, a smelly-washer case that defense lawyers say could open the door for a vast expansion of consumer class actions.
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Since then federal appeals courts have split on whether arbitrators have the power to interpret agreements to allow class actions.
FORBES: Supreme Court Shows Skepticism About Class Arbitration
The group obviously has a vested interest in cutting down on class actions, which target the employers of its members.
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Labor lawyers can make far more money in referral fees on class actions than in hourly fees providing labor-law advice.
The main problem in America's tort system is not class actions, but rather punitive damages and the rest of it.
Labor lawyers can make far more money in referral fees on class actions than in hourly fees providing labor law advice.
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