Barbara J. Hart and David C. Harrison, partners at Lowey Dannenberg Cohen & Hart, review decisions that have eviscerated the tolling protections of 'American Pipe' for the vast bulk of investors in MBS class litigation, and the recent Second Circuit holding that has mitigated this harsh trend in favor of a standing approach based upon Rule 23's class action requirements.
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Don't Bend 'American Pipe'
New York Law Journal
November 7, 2012
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