In Context: Recent Class Action Jurisprudence

Law360, New York (July 12, 2011, 4:34 PM EDT) -- If you can block out the noise of hysteria and hyperbole, the waves of political triumphalism or trumpets to man the ramparts (often accompanied by poorly disguised begging for contributions to whatever office or cause the speaker is advocating), open the decisions as a law student would be required to do, and ask: What was the holding? What were the facts? What was the procedural context?

The United States Supreme Court has issued a number of rulings in the areas of securities law and regarding Rule...
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