Sullivan v. DB Investments, Inc.
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
RENDELL, Circuit Judge, with whom Circuit Judges SCIRICA, AMBRO, FUENTES, FISHER, CHAGARES and VANASKIE, join.
At issue on appeal in this class action litigation is the propriety of the District Court’s certification of two nationwide settlement classes comprising purchasers of diamonds from De Beers S.A. and related entities (“De Beers”).1 The settlement provided for a fund of $295 million to be distributed to both the direct and indirect purchasers: the direct purchasers were to receive $22.5 million of the fund, while the indirect purchasers would receive $272.5 million.…
2Cases cited96 opinions
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- Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
- Wal-Mart Stores, Inc. v. DukesSupreme Court of the United States · 2011
- Hanlon v. Chrysler Corp.Court of Appeals for the Ninth Circuit · 1998
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