Burke v. Ruttenberg

How courts have described this case

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

• concluding that the court can choose plaintiffs from among the members of the proposed group to serve as lead plaintiff
• disfavoring a diversity rationale for large groups and favoring a strict inquiry to find the minimum number of lead plaintiffs necessary
• discussing the problems with securities class actions resulting in the enactment of the PSLRA
• “A lead plaintiff movant, to be presumed most adequate plaintiff, need not demonstrate that it satisfies each of the prerequisites, but merely that he, she, or it best satisfies the factors listed.”

Source: CourtListener parenthetical corpus (CC0).