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grandslam68

04/08/22 6:46 PM

#2614 RE: TomFromYahoo #2613

Certification? A walk in the park. We need to show:

(1) the class is so numerous that joinder of all members is impracticable;

(2) there are questions of law or fact common to the class;

(3) the claims or defenses of the representative parties are typical of the claims or defenses of the class; and

(4) the representative parties will fairly and adequately protect the interests of the class.

There are other requirements (https://www.law.cornell.edu/rules/frcp/rule_23) but securities class actions like this are routinely certified.