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Settlement pressure exerted by class certification may prevent judicial resolution of these issues.
He added that there would also be settlement pressure on the plaintiffs' lawyer leading the class action, Stanley Rosenblatt of Miami.
In Halliburton II, and Amgen before it, the Court rejected the argument that securities class-action procedures should be modified to avoid unwarranted settlement pressure, on the grounds that Congress has already enacted screening mechanisms to prevent frivolous lawsuits.
Both schemes sought to escalate settlement pressure by fomenting political, media and social unrest in these foreign countries.
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Since even weak shareholder claims pose uncertainty, significant costs and settlement pressures, corporate interest in how to reduce nuisance suits has grown.
Congress, we count it significant, has addressed the settlement pressures associated with securities-fraud class actions through means other than requiring proof of materiality at the class-certification stage.
Of course, the Court's assertion that materiality will be resolved on the merits presumes that certification will not bring in terrorem settlement pressures to bear, foreclosing any materiality inquiry at all.
Peace Now, an Israeli anti-settlement pressure group, estimates that construction on over 2,000 dwellings could now begin or resume.
The bank was said to have withdrawn from the original settlement under pressure from the New York regulator, the Department of Financial Services, run by Benjamin Lawsky.
Class C prediction divided the soft clay into two layers based on the information of ground investigation, and achieved better predictions for settlement, pore pressure and lateral movement.
With the situation in Syria desperate and with so much riding on the relief effort to compensate for the lack of a political settlement, the pressure on aid agencies, particularly the UN, is immense.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com