In Re Alco International Group, Inc. Securities Litigation

158 F.R.D. 152 (S.D. Calif. 1994)

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Nature of the Case

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Facts

Two plaintiffs took separate actions against Alco under rule 10(b) of the Securities Exchange Act. Those actions were consolidate, and the plaintiffs decided to have the actions certified as a class action under Rule 23. The defendants opposed that motion based on four issues. The trial court granted the class certification.