9 Cited authorities

Staton v. Boeing Co.
327 F.3d 938 (9th Cir. 2003) Cited 1,920 times 6 Legal Analyses
Holding that "named plaintiffs ... are eligible for reasonable incentive payments" in addition to reimbursement "for their substantiated litigation expenses, and identifiable services rendered to the class directly under the supervision of class counsel"
Hanon v. Dataproducts Corp.
976 F.2d 497 (9th Cir. 1992) Cited 1,611 times 1 Legal Analyses
Holding that the defendants' statements emphasizing superior quality were material because "a reasonable jury could conclude that [the company] publicly released optimistic statements ... when it knew [its product] could not be built reliably"
In re Cavanaugh
306 F.3d 726 (9th Cir. 2002) Cited 346 times
Holding that that options traders can satisfy the typicality requirement and serve as a lead plaintiff
Cohen v. U.S. Dist. Court
586 F.3d 703 (9th Cir. 2009) Cited 135 times 1 Legal Analyses
Holding that "if the lead plaintiff has made a reasonable choice of counsel, the district court should generally defer to that choice"
In re Enron Corp. Securities
586 F. Supp. 2d 732 (S.D. Tex. 2008) Cited 102 times 1 Legal Analyses
Holding that the Fifth Circuit does not recognize scheme liability in omissions cases under Rule 10b–5 absent a recognized duty to disclose
Rule 23 - Class Actions
Fed. R. Civ. P. 23 Cited 34,840 times 1232 Legal Analyses
Holding that, to certify a class, the court must find that "questions of law or fact common to class members predominate over any questions affecting only individual members"
Section 78j - Manipulative and deceptive devices
15 U.S.C. § 78j Cited 12,491 times 165 Legal Analyses
Granting SEC power to establish rules to further statute forbidding manipulative or deceptive devices in connection with purchase or sale of securities
Section 78u-4 - Private securities litigation
15 U.S.C. § 78u-4 Cited 7,445 times 48 Legal Analyses
Granting courts authority to permit discovery if necessary "to preserve evidence or to prevent undue prejudice to" a party
Section 240.10b-5 - Employment of manipulative and deceptive devices
17 C.F.R. § 240.10b-5 Cited 9,186 times 133 Legal Analyses
Holding liable any person who "make any untrue statement of material fact"

Ballesteros v. Galectin Therapeutics, Inc. et al

9 Cited authorities

Holding that "named plaintiffs ... are eligible for reasonable incentive payments" in addition to reimbursement "for their substantiated litigation expenses, and identifiable services rendered to the class directly under the supervision of class counsel"

Holding that the defendants' statements emphasizing superior quality were material because "a reasonable jury could conclude that [the company] publicly released optimistic statements ... when it knew [its product] could not be built reliably"

Holding that that options traders can satisfy the typicality requirement and serve as a lead plaintiff

Holding that "if the lead plaintiff has made a reasonable choice of counsel, the district court should generally defer to that choice"

Holding that the Fifth Circuit does not recognize scheme liability in omissions cases under Rule 10b–5 absent a recognized duty to disclose

Holding that, to certify a class, the court must find that "questions of law or fact common to class members predominate over any questions affecting only individual members"

Granting SEC power to establish rules to further statute forbidding manipulative or deceptive devices in connection with purchase or sale of securities

Granting courts authority to permit discovery if necessary "to preserve evidence or to prevent undue prejudice to" a party

Holding liable any person who "make any untrue statement of material fact"