Opinion · Supreme Court of the United States

Wasserstrom v. Eisenberg

474 U.S. 946

Type
Opinion
Court
Supreme Court of the United States
Jurisdiction
Federal
Date
1985-11-04
Topic
general

How later courts describe this case

  • upholding that part of a jury instruction that liability requires an affirmative statement coupled with material omissions
  • stating that class decertification was inappropriate simply because reliance involved individual questions; district court could have held separate trial on reliance issues
  • noting that for claims based on securities laws, “[cjlass actions are a particularly appropriate and desirable means to resolve claims”
  • finding that allegations of more than 90 class members satisfied numerosity requirement
  • reading part of inaccurate projection was sufficient to support a finding of reliance

Citator

UpLaw has not yet analyzed Wasserstrom v. Eisenberg. The absence of a flag is not a finding that it is good law.

Cited by
67 opinions

C. A. 3d Cir. Certiorari denied. Reported below: 766 F. 2d 770.