Legal Opinion
Audet v. Garza
District Court, D. Connecticut
Decided May 4, 2020No. 3:16-cv-00940Unknown
1Opinion
UNITED STATES DISTRICT COURT DISTRICT OF CONNECTICUT DENIS MARC AUDET et al., Plaintiffs, No. 3:16-cv-00940 (MPS) v. STUART A. FRASER et al., Defendants. RULING ON MOTION TO DECERTIFY/BIFURCATION I. INTRODUCTION This securities class action stems from the collapse of an expansive and allegedly fraudulent cryptocurrency enterprise. Defendant Stuart A. Fraser has moved to decertify the class as to damages. As set forth below, because there does not appear to be a method by which a jury could determine aggregate damages with reasonable accuracy, and because bifurcation serves the interests of…
2Cases cited9 opinions
- John E. Johnson and H/w Ann Marie Johnson v. The Celotex Corporation, Owens-Illinois, Inc.Court of Appeals for the Second Circuit · 1990
- In Re Visa Check/mastermoney Antitrust Litigation. Wal-Mart Stores, Inc., Limited, Inc., Sears Roebuck & Company, Safeway Inc., Circuit City Stores, Inc., National Retail Federation and the Food Marketing Institute, International Mass Retail Association, and All Similarly Situated Persons v. Visa U.S.A. Inc. And Mastercard International IncorporatedCourt of Appeals for the Second Circuit · 2001
- McLaughlin v. American Tobacco Co.Court of Appeals for the Second Circuit · 2008
- Seijas v. Republic of ArgentinaCourt of Appeals for the Second Circuit · 2010
- In Re Playmobil Antitrust LitigationDistrict Court, E.D. New York · 1998
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