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Posts tagged "Securities"

Explosive allegations prompt securities fraud class action claim

The sordid details surrounding a long-tenured private arbitration case became available for public scrutiny several weeks ago. The matter centrally pits the mega national jewelry manufacturer and retailer Signet Jewelers Ltd. (the parent company of Sterling Jewelers, which owns mall mainstays Kay Jewelers and Jared the Galleria of Jewelry, respectively) against a stunning 69,000 female plaintiffs alleging pay and promotion discrimination, as well as sexual harassment.

What Does It Mean to ‘Opt Out’ of Class Action Litigation?

A class action lawsuit is readily identifiable as litigation where the common interests of a large number of plaintiffs are implicated and where it would both inconvenient and prohibitively costly for a single individual or entity to commence a claim for damages. Product liability cases are frequently pointed to as typical class action examples, as are securities cases alleging wrongdoing that has harmed many investors.

Report cites material uptick in securities class action litigation

Germane data relevant to class action litigation activity is always notable and of material interest in Connecticut and across the United States, given that it sheds light on alleged corporate malfeasance and the level of plaintiff filings in state and federal courts.