Document Type
Article
Publication Title
Arizona Law Review
Publication Date
2015
ISSN
0004-153X
Page Number
161
Keywords
class action, business litigation, corporation law, arbitration, class action waivers, Supreme Court, securities fraud
Disciplines
Business Organizations Law | Law | Litigation | Supreme Court of the United States
Abstract
In this Article, I give a status report on the life expectancy of class action litigation following the Supreme Court's decisions in Concepcion and American Express. These decisions permitted corporations to opt out of class action liability through the use of arbitration clauses, and many commentators, myself included, predicted that they would eventually lead us down a road where class actions against businesses would be all but eliminated. Enough time has now passed to make an assessment of whether these predictions are coming to fruition. I find that, although there is not yet solid evidence that businesses have flocked to class action waivers and that one big category of class action plaintiffs (shareholders) remain insulated from Concepcion and American Express altogether I still see every reason to believe that businesses will eventually be able to eliminate virtually all class actions that are brought against them, including those brought by shareholders.
Recommended Citation
Brian T. Fitzpatrick,
The End of Class Actions?, 57 Arizona Law Review. 161
(2015)
Available at: https://scholarship.law.vanderbilt.edu/faculty-publications/589
Included in
Business Organizations Law Commons, Litigation Commons, Supreme Court of the United States Commons