Kelley v. Mid-America Racing Stables, Inc.
District Court, W.D. Oklahoma
1Opinion of the Court
*406ORDER
ALLEY, District Judge.
Before the Court is plaintiffs’ motion to certify this securities fraud lawsuit as a class action. The issues have been thoroughly briefed. After consideration of arguments of counsel and the relevant law, the Court denies class certification for the following reasons.
Commonality/Predominance
The parties have spent the greatest part of their briefs addressing whether the case involves issues of law and fact common to the proposed class (Fed.R.Civ.P. 23(a)(2)), and whether these common issues predominate over individual issues (Fed. R.Civ.P. 23(b)). Indeed, the Court…
2Cases cited12 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Kirkpatrick v. J.C. Bradford & Co.Court of Appeals for the Eleventh Circuit · 1987
- Cammer v. BloomDistrict Court, D. New Jersey · 1989
- Fed. Sec. L. Rep. P 98,033 James L. Shores, Jr., as of the Estate of Clarence E. Bishop, Jr., Etc. v. Jerald H. SklarCourt of Appeals for the Fifth Circuit · 1981
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