Class action reform

10b-5 blog.

Does it go far enough?

Issues

Provisions to timely providing public guidance on how to effecitvely assert rights in a class action

Attorney failure to evaluate individual class member status

Scope of problems and traps that plague class actions

- Incorrect assumption Federal government will engage in effective discovery
- Factors to consider when weighing the benefits of opting out and engaging in private litigation
- Factors and indicators to watch while the litigation unfolds