Wyly v. Milberg Weiss Bershad & Schulman, LLP
New York Court of Appeals
1Opinion of the Court
OPINION OF THE COURT
Read, J.
Petitioner Sam Wyly was an absent class member in a federal securities class action lawsuit; an absent class member is a *403member of a putative or certified class who is not a named party (see Hansberry v Lee, 311 US 32, 40-41 [1940]). Respondents Milberg Weiss Bershad & Schulman, LLP; Stull, Stull & Brody; and Schiffrin & Barroway, LLP (collectively, the law firms) served as class counsel in the litigation. In this appeal, we are asked whether Wyly—like a represented party in traditional individual litigation—enjoys a presumptive right of access to the law firms’…
2Cases cited6 opinions
- Phillips Petroleum Co. v. ShuttsSupreme Court of the United States · 1985
- Hansberry v. LeeSupreme Court of the United States · 1940
- Boeing Co. v. Van GemertSupreme Court of the United States · 1980
- Sage Realty Corp. v. Proskauer Rose Goetz & Mendelsohn LLPNew York Court of Appeals · 1997
- Wyly v. Milberg Weiss Bershad & Schulman, LLPAppellate Division of the Supreme Court of the State of New York · 2007
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- Jiannaras v. AlfantAppellate Division of the Supreme Court of the State of New York · 2015
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