Class Action Opt Outs Now Recognized as a “Problem” in Trying to Settle Securities Cla
A decade or more ago, product liability and antitrust lawyers realized and wrote about the reality that conflicts between various claimants, as well as opt out plaintiffs, were creating a real market for representation of opt out plaintiffs, and real issues for defendants interested in trying to reach global peace in antitrust cases and product liability class actions. The same "opt out" points are now more frequently observed in securities class actions, and in class actions in general.
The point? The litigation industry is always evolving, and is growing steadily more complex.