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S.D. New York· 5/1/2015

Khunt v. Alibaba Group Holding Ltd.

Citations

  • 102 F. Supp. 3d 523
  • 2015 WL 1954134

How courts have described this case

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

  • holding that the failure to correct clerical errors does not “strike at the heart of Rule 23’s adequacy requirement”
  • rejecting a group whose members were introduced to each other through counsel and whose only involvement was “a single conference call”
  • weighing fact that “plaintiffs do appear to be quite sophisticated,” although ultimately not approving group
  • rejecting lead-plaintiff group, despite sophistication, because group appeared to be “cobbled together” by lawyers and likely to create “case control problems and rival disagreements, resulting in delay and increased expense”
  • \If a loss is not Dura eligible then it is not redressable through the putative class action[.]\
  • “The PSLRA vests authority in the lead plaintiff to select lead counsel, subject to approval by the Court.” (citing 15 U.S.C.A. § 78u-4(a)(3))

Source: CourtListener parenthetical corpus (CC0).

Judges: McMahon

Read full opinion on CourtListener

Cited by

8 cases in this archive cite this case.

Cites

33 cases in this archive are cited by this case; the 20 most cited are listed.

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.