· 6/15/1995
Kubes v. American Medical Security, Inc.
Citations
- 895 F. Supp. 212
- 1995 U.S. Dist. LEXIS 12027
- 1995 WL 490475
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- finding that superiority was established where “[r]elatively few of the investors” indicated a desire to litigate their claims outside of the class action, even where they were “all concededly ‘sophisticated’ investors”
- finding presumption of reliance where it would was hard to imagine that an investor would buy a stock without relying on the auditor’s opinion of the net asset value per share
- rejecting argument that “contradictions” in class representative depositions made him “so lacking in credibility that [he was] likely to harm [the] case”
Source: CourtListener parenthetical corpus (CC0).
Judges: Foreman
Read full opinion on CourtListenerSourced 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.