Class Certification in Securities Litigation: From Goldman Sachs to Battles Ahead

Class certification is one of the make-or-break moments in any federal securities class action. This course will cover the basics of class certification in federal securities cases, including the class definition and meeting the requirements of numerosity, commonality, typicality, adequacy, predominance, and superiority. This program will also cover the issue of market efficiency and the Cammer and Krogman factors, issues at class certification in securities cases, and what to expect during class certification discovery. Additionally, the program will discuss the potential impact of the Supreme Court's recent decision in Goldman Sachs Group v. Arkansas Teacher Retirement System, and the battles that lie ahead between the securities plaintiff and defense bars with respect to the requirements for class certification.

This program will benefit both new and experienced securities litigators, as well as in-house counsel responsible for overseeing or managing securities litigation.

Learning Objectives: 

1. Identify the basic requirements for class certification

2. Identify requirements for class certification that are unique to federal securities class actions

3. Discuss the potential impact of the Supreme Court's decision in Goldman Sachs v. Arkansas Teacher Retirement System and other recent case law on class certification in federal securities class actions

4. Utilize best practices and tips for seeking or opposing class certification in federal securities class actions