Plaintiff Characterization

January 4, 2012

  • 170A Federal Civil Procedure
  • 170AII Parties
  • 170AII(D) Class Actions
  • 170AII(D)3 Particular Classes Represented
  • 170Ak187 k. Stockholders, Investors, and Depositors.

170A Federal Civil ProcedureNamed plaintiff, characterized as scofflaw and ne’er-do-well, could act as fiduciary to class of lineal decedents of loyal subjects of King Charles II of Spain, as required for certification of class in securities litigation alleging dissemination of false and misleading definitive proxy statement, since events that gave rise to such characterization were unrelated or too unsubstantiated and attenuated, in time and subject matter, to seriously call into question ability of plaintiff to pursue subject litigation and protect interests of proposed class.
Lane v. Page, 272 F.R.D. 558 (D.N.M. 2011)
Suggested by David F. Herr; Maslon, Edelman, Borman & Brand, LLP; West Author; Minneapolis, MN