8 Cited authorities

In re Bank of America Corp. Securities, Derivative
757 F. Supp. 2d 260 (S.D.N.Y. 2010) Cited 151 times 1 Legal Analyses
Holding that Rule 9(b) does not apply to Section 14 claims sounding in negligence
Hevesi v. Citigroup Inc.
366 F.3d 70 (2d Cir. 2004) Cited 135 times 3 Legal Analyses
Holding that plaintiffs fail to establish predominance requirement if they are not entitled to presumption of reliance
In re eSpeed, Inc. Securities Litigation
232 F.R.D. 95 (S.D.N.Y. 2005) Cited 129 times
Holding that "a group of unrelated investors should not be considered as lead plaintiff when that group would displace the institutional investor preferred by the PSLRA"
In re Comverse Technology, Inc. Securities Litigation
06-CV-1825 (NGG) (RER) (E.D.N.Y. Mar. 2, 2007) Cited 34 times
Holding that "under Dura and its progeny, any losses that [a class member] may have incurred before [the defendant's misconduct was ever disclosed to the public are not recoverable, because those losses cannot be proximately linked to the misconduct at issue in this litigation"
Applestein v. Medivation Inc.
No. C 10-00998 MHP (N.D. Cal. Sep. 20, 2010) Cited 14 times
Finding atypical a proposed class representative who made as many as 44 trades in a single day
MALASKY v. IAC/INTERACTIVECORP
04 Civ. 7447 (RJH), 04 Civ. 7505 (RJH), 04 Civ. 7718 (RJH), 04 Civ. 7742 (RJH), 04 Civ. 7843 (RJH), 04 Civ. 7899 (RJH), 04 Civ. 7909 (RJH), 04 Civ. 7946 (RJH), 04 Civ. 8142 (RJH), 04 Civ. 8172 (RJH), 04 Civ. 8599 (RJH), 04 Civ. 8802 (RJH) (S.D.N.Y. Dec. 20, 2004) Cited 2 times
Allowing a movant who filed a timely lead plaintiff motion to amend that motion after the 60-day deadline to increase its financial loss
Rule 23 - Class Actions
Fed. R. Civ. P. 23 Cited 34,858 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 78u-4 - Private securities litigation
15 U.S.C. § 78u-4 Cited 7,451 times 48 Legal Analyses
Granting courts authority to permit discovery if necessary "to preserve evidence or to prevent undue prejudice to" a party

Lighthouse Financial Group v. The Royal Bank of Scotland Group, plc et al

8 Cited authorities

Holding that Rule 9(b) does not apply to Section 14 claims sounding in negligence

Holding that plaintiffs fail to establish predominance requirement if they are not entitled to presumption of reliance

Holding that "a group of unrelated investors should not be considered as lead plaintiff when that group would displace the institutional investor preferred by the PSLRA"

Holding that "under Dura and its progeny, any losses that [a class member] may have incurred before [the defendant's misconduct was ever disclosed to the public are not recoverable, because those losses cannot be proximately linked to the misconduct at issue in this litigation"

Finding atypical a proposed class representative who made as many as 44 trades in a single day

Allowing a movant who filed a timely lead plaintiff motion to amend that motion after the 60-day deadline to increase its financial loss

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