Petition of the day
on Jul 5, 2017 at 10:22 pm
The petition of the day is:
16-1309
Disclosure: Goldstein & Russell, P.C., whose attorneys contribute to this blog in various capacities, is among the counsel to the respondents in this case.
Issues: (1) Whether a RICO fraud plaintiff must prove reliance in order to establish causation, as this Court held in Bridge v. Phoenix Bond & Indemnity, or whether reliance is no longer required; and (2) whether, to certify a RICO fraud class action, the plaintiff must show that reliance is a common issue because virtually all class members would have relied, or whether it is sufficient to show merely that it “follows logically” that some class members would have relied.
