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New York Attorneys JHA handles range the gamut of complex financial and commercial litigation and arbitration, including securities, RICO, corporate and contract disputes, credit default swaps, derivatives, and class, mass, and derivative actions. The firm also represents law firms in major disputes.
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Class Actions — American Pipe Tolling Applies to Individual Action Filed Pending Class Certification — Circuit Split

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From Phillips v. E.I. Dupont de Nemours & Co., 521 F.3d 1028 (9th Cir. 2008):

The Sixth Circuit... [has] held that the purposes of class action tolling under American Pipe "are not furthered when plaintiffs file independent actions before decision on the issue of class certification." Wyser-Pratte Mgmt. Co., Inc. v. Telxon, 413 F.3d 553, 569 (6th Cir. 2005). Such purposes are only furthered "when plaintiffs delay until the certification issue has been decided." Id. *** [In] In re Worldcom Sec. Litig., 496 F.3d 245, 256 (2nd Cir. 2007)[, t]he Second Circuit has now held that American Pipe tolling does apply to plaintiffs who file their actions before a decision on class certification. *** We find the Second Circuit's reasoning persuasive and adopt it. We therefore conclude that members of the plaintiff-class who have filed individual suits are entitled to the benefits of American Pipe tolling.

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New York Attorneys JHA handles range the gamut of complex financial and commercial litigation and arbitration, including securities, RICO, corporate and contract disputes, credit default swaps, derivatives, and class, mass, and derivative actions. The firm also represents law firms in major disputes.
New York Attorneys JHA handles range the gamut of complex financial and commercial litigation and arbitration, including securities, RICO, corporate and contract disputes, credit default swaps, derivatives, and class, mass, and derivative actions. The firm also represents law firms in major disputes.

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