Petition of the day

The petition of the day is:

S.G.E. Management, LLC v. Torres
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.

Posted in: Cases in the Pipeline

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