Class Action

Insight

Daubert Analysis at the Class Certification Stage

An interesting procedural matter arose in the class action case of Fort Worth Employees' Ret. Fund v. J.P. Morgan Chase & Co. when, simultaneously with the plaintiff's motion for class certification, the defendants moved to exclude the testimony of a plaintiff's expert witness under Daubert.

Insight

Using Statistical Evidence to Prove Liability in Class Actions

In class actions, given the impracticality of proving a defendant’s liability with respect to each and every member of the class, plaintiffs have increasingly sought to use statistical sampling to establish class wide liability. However, the use of statistics for that purpose has proven highly controversial, as illustrated in a California Supreme Court decision issued on May 29, 2014 in the case of Duran v. U.S. Bank N.A.

Insight

$1.2B in Damages – Expert Challenges Fail to Decertify Class

Expert challenges asserted as part of a post-trial motion to decertify a class came too little, too late after a jury awarded plaintiffs over $400 million in damages in a high profile antitrust case.

Case Study

Credit Card Security Expert

A credit card security expert was needed with specific knowledge of Payment Card Industry-Data Security Standards (PCI-DSS) as it relates to the retaining and securing of credit cardholder magnetic stripe information at point of sale (POS).

Case Study

Financial Economics Expert in Securities Fraud

A financial economics expert with experience in securities fraud was needed for a stockholder class action securities fraud case.

Case Study

Credit Scoring Expert in Fair Credit Reporting Act

A credit scoring expert was needed for a class action suit alleging breach of the Fair Credit Reporting Act.