Holding that a plaintiff's claim is typical if it arises from the same event or practice giving rise to the claims of other class members and is based on the same legal theory as the class members
Deciding first that all applicant counsel were “adequate” under the four Rule 23 factors before weighing how one group's “baggage” of having already entered into settlements with the defendants should affect the selection of interim counsel
150 F. Supp. 2d 943 (N.D. Ill. 2001) Cited 27 times
Rejecting application of FIFO methodology and finding that net seller's transactions during the class period "caused it to derive unwitting benefits rather than true losses from the alleged securities fraud"
Fed. R. Civ. P. 23 Cited 36,157 times 1252 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"