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E.D. Oklahoma· 6/26/1970

Fillmore v. Oklahoma

Citations

  • 314 F. Supp. 404
  • 1970 U.S. Dist. LEXIS 11168

How courts have described this case

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

  • “To require the class representative to be sophisticated and knowledgeable enough to help counsel ... would reduce the class action device ... to an impotent tool.”
  • “Courts generally focus on the liability issue in deciding whether the predominance issue is met”
  • If reliance must be proven, court can order separate hearings
  • if there is no chance at all that a reasonable investor would have been able to discover an alleged fraud, plaintiff need not establish due diligence and due diligence is thus removed as an individual question of fact which could possibly predominate over common questions
  • ‘‘[I]ndividual issues will likely arise in this case as in all class action cases,\ so to permit \various secondary issues of plaintiffs’ claim[s] to preclude certification of a class would render the rule an impotent tool for private enforcement of the securities laws”

Source: CourtListener parenthetical corpus (CC0).

Judges: Daugherty

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.