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Materiality is a Merits Issue – The Amgen Inc. Opinion

By The Editors on February 28, 2013
Posted in Certification

The Supreme Court has handed down its first class-action related opinion of the 2012-13 Term, Amgen Inc. v. Connecticut Retirement Plans & Trust Funds. And while that opinion represents a loss for the defendants in the specific case, it’s not as big a problem for securities defendants in general.

Amgen involved an alleged securities…

Classic Cases – Amchem Prods., Inc. v. Windsor

By The Editors on July 19, 2011
Posted in Certification, Settlement

 There is no question that Wal-Mart Stores, Inc. v. Dukes will be the most-cited case in class-action practice for years to come. But before Dukes, Amchem Products, Inc. v. Windsor was the Supreme Court’s definitive announcement of its interpretation of Rule 23 standards.

What’s interesting about the case is that it involved a class-action…

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