Brewster v. York Mfg. Co.

How courts have described this case

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

• holding that question as to whether plaintiffs relied on company’s financial reports or market integrity “afford[s] defendants the opportunity to raise unique defenses, [and] unduly burdens the class by rendering plaintiffs’ claims atypical of the claims of all class members”
• class representative serves as fiduciary to advance and protect interests of those whom he purports to represent
• refusal to answer relevant questions as to whether plaintiff would have purchased shares had she known of information contained in Annual Report
• one plaintiff who relied solely on husband’s recommendation and another who was a speculative trader
• typicality not met where class representative in fraud on the market case is subject to defense that he did not rely on allegedly misleading financial statement

Source: CourtListener parenthetical corpus (CC0).