Chicago Partner Rusty Perdew Quoted in Bloomberg Law on U.S. Supreme Court's China Agritech Decision and Limitations in Class Action Suits

Chicago Partner Rusty Perdew, a member of the Firm’s Class Actions Practice Group, was quoted on the U.S. Supreme Court decision in China Agritech v. Resh that will no longer allow plaintiffs to file follow-on class actions after the statute of limitations in an original case expires. Perdew noted, “Not only will it limit follow-on class actions, it will reduce settlement pressure on defendants too. If a company wins a case and the statute of limitations has run, they will know they are done with the case, at least on a classwide basis.” He also pointed out that the decision “will also reduce the size of classes if cases are cut off once the limitations period is over.”

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