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Defeating Class Certification in Securities Fraud Cases

2002
20th Annual Federal Securities Institute Conference Papers
A court may certify a class action under Federal Rule of Civil Procedure 23(b)(3) only if it is satisfied "after a rigorous analysis," that the plaintiffs have met the requirements of Rule 23(a)-numerosity, commonality, typicality, and adequacy-and also shown that "the [common] questions of law or fact...

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