Profs Fight For Clarity On Class Cert. In Securities Suits

Law360, New York (December 5, 2017, 10:32 PM EST) -- Two well-known law professors on Monday urged the U.S. Supreme Court to provide clarity on the standard for certifying securities fraud class actions, joining Petrobras in its bid to have the justices review the certification of a class of investors who claim the oil giant committed fraud by concealing information about a massive kickback scheme.

In an amicus brief, the professors, Adam C. Pritchard of the University of Michigan Law School and M. Todd Henderson of the University of Chicago Law School, said the Second Circuit...
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Case Information

Case Title

IN RE: Petrobras Securities


Case Number

16-1914

Court

Appellate - 2nd Circuit

Nature of Suit

3850 STATUTES-Secur Comm Exchange

Date Filed

June 15, 2016

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