Frierson v. South Carolina

How courts have described this case

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

• stating that, where plaintiffs allege that defendants violated federal securities laws through a common scheme or mechanism, uniformly perpetrated upon the shareholders, the action is “especially appropriate” for class treatment
• finding it significant for purposes of commonality that plaintiffs’ Section 14(a) “claims turn upon one document sent to all shareholders, rather than upon a multiplicity of acts or communications”
• “[C]ourts have consistently refused to deny class certification in omission cases because of purported nonreliance.”

Source: CourtListener parenthetical corpus (CC0).