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United States: Supreme Court Holds That Plaintiff Whose Individual Claims Were Mooted By An Offer Of Judgment Lacks Standing To Maintain FLSA Collective Action - Mayer Brown

The Fair Labor Standards Act of 1938 permits an employee to file a "collective action" for damages against an employer individually and on behalf of other "similarly situated" employees who later choose to join the lawsuit.        

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Found 1 month ago on channel Mondaq

United States: Supreme Court Denies Review In NECA-IBEW Case - Mayer Brown

We’ve been blogging about the Second Circuit’s decision in "NECA-IBEW Health & Welfare Fund v. Goldman Sachs".

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Found 1 month ago on channel Mondaq

United States: Supreme Court Ruling Reverses Bad 9th Circuit Precedent On CAFA - Sheppard Mullin Richter & Hampton

On March 19, 2013, the U.S. Supreme Court handed down Standard Fire Insurance v. Knowles, a short, narrow, and unanimous opinion addressing removal of class actions to federal court under the Class Action Fairness Act ("CAFA").

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Found 1 month ago on channel Mondaq

United States: Supreme Court Rejects Plaintiffs’ Efforts To Avoid Federal Jurisdiction By "Stipulating" To Limit Class Recoveries To Under $5 Million - Mayer Brown

Earlier today, the Supreme Court issued a unanimous decision in Standard Fire Insurance Co. v. Knowles, No. 11-1450, that should make it a lot harder for plaintiffs and their counsel to avoid federal-court jurisdiction over significant class actions.

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Found more than 1 month ago on channel Mondaq

United States: The Material Impact Of The Amgen Decision On D&O Insurance - Cozen O'Connor

In "Amgen, Inc. v. Connecticut Retirement Plans and Trust Funds" the U.S. Supreme Court affirmed the U.S. Court of Appeals for the 9th Circuit’s ruling that a securities class action plaintiff need not prove materiality of alleged misrepresentations or misleading omissions as a prerequisite to class certification.

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Found more than 1 month ago on channel Mondaq