Dec. 20, 2011 — 3 Big Decisions

Law360, New York (February 2, 2012, 1:40 PM EST) -- Toward the end of the year on Dec. 20, while many lawyers were on vacation or cleaning up and getting ready to do so, the courts issued three decisions which are important reading. They signify in their totality a subtlety of approach in securities law and in class actions, somewhat hinted at in prior decisions. In addition, the Third Circuit strengthened the ability of parties to settle class actions against the continued onslaught by professional objectors.

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