APR, LLC v. American Aircraft Sales, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• indicating that Plaintiff bears the burden of proof on showing that the market was efficient throughout the class period
• finding that class representative was not typical where establishing liability “is a more difficult task” APPELLANTS’ BRIEF OF THE BRIGHAM DEFENDANTS – PAGE 42 for absent class members because the named plaintiff, unlike most of the class, could rely on a legal presumption
• finding class representatives inadequate when “[t]hey do not participate in litigation decisions, do not receive regular cost/expense information, and they learn of activity in the case when they are copied on matters already completed”
• finding class representatives inadequate when “[t]hey do not participate in litigation decisions, do not receive regular cost/expense information, and they learn of activity in the case when they are copied on matters already completed”
• Plaintiffs failed to present any evidence regarding volume of shares traded
• Plaintiffs failed to present any evidence regarding volume of shares traded

Source: CourtListener parenthetical corpus (CC0).