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Supreme Court Securities Class-Action Suits Decision: Good News [Video]

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The case is good news for helping judges ferret out the weakest and most implausible investor class actions.

Before I started writing full-time at National Review in 2020, I spent over two decades in private law practice, the bulk of it defending investor class actions under the federal securities laws. So, this morning’s U.S. Supreme Court decision in Goldman Sachs Group Inc. v. Arkansas Teacher Retirement System adds to a body of law I know well. Allow me to explain why Goldman Sachs is a positive step and modestly good news for the defense bar, even though defenses against class certification remain an uphill battle in practice.

Having Some Class

Some background in this area is necessary to understand what exactly Goldman Sachs changes. Decisions on whether or not to certify a case as a class action are procedurally unusual: The decision belongs to a judge, not a jury, but unlike …

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10 Reasons I Bet My Life On Triple Digit Silver The Health and Wealth Place [Video]

Download Mike's best-selling book for free here: What would silvers price be today if it matched its performance from the bull market of the 1970s? At first, you may think that simply calcula