U.S. Court of Appeals for the Sixth Circuit
Sixth Circuit grants review of district court’s class certification order, which relied on an expansive interpretation of the Affiliated Ute presumption and failed to rigorously analyze plaintiffs’ proposed class damages model
November 16, 2023
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
April 20, 2023
Click here to view the coalition amicus brief.
Deanne E. Maynard, Diana L. Kim, Jordan Eth, James R. Sigel, and David J. Wiener of Morrison & Foerster LLP and the U.S. Chamber’s Litigation Center served as co-counsel for the U.S. Chamber.