Schupack v. Covelli

How courts have described this case

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

• cases decided under rule 23(a)(4) may be used in analyzing the requirements of rule 23.1
• cases decided under rule 23(a)(4) may be used in analyzing the requirements of rule 23.1
• “Rule 23.1 does not require ‘that derivative action plaintiffs have the support of a majority of the shareholders or even that they be supported by all the minority shareholders.’ ”
• “The true measure of adequacy of representation under Rule 23.1 is not how many shareholders does the plaintiff represent. Rather it is how well does this representative plaintiff advance the interest of other similarly situated shareholders.”

Source: CourtListener parenthetical corpus (CC0).