Case Updates
U.S. Chamber files coalition amicus brief urging Sixth Circuit to reject expansive interpretation of the Affiliated Ute presumption, which undermines the reliance requirement in securities fraud claims, and to remind district courts of their obligation to analyze rigorously a proposed damages model at class certification
February 16, 2024
U.S. Chamber Coalition Amicus Brief
Previously, the Chamber filed a coalition amicus brief supporting Rule 23(f) review.
Deanne E. Maynard, Diana L. Kim, Jordan Eth, James R. Sigel, and David J. Wiener of Morrison & Foerster LLP served as outside counsel.