Auctioning Class Action and Derivative Lawsuits: A Critical Analysis

36 Pages Posted: 19 Dec 2010 Last revised: 24 Aug 2017

See all articles by Randall S. Thomas

Randall S. Thomas

Vanderbilt University - Law School; European Corporate Governance Institute (ECGI)

Robert G. Hansen

Tuck School of Business at Dartmouth

Date Written: January 1, 1993

Abstract

Numerous legal academics and practitioners have criticized the handling by plaintiffs' attorneys of large-scale class action and derivative lawsuits. These critiques point out attorneys' abuse of the legal system, ranging from purported collusion among plaintiffs and defendants.

Keywords: auction, class, action

Suggested Citation

Thomas, Randall S. and Hansen, Robert G., Auctioning Class Action and Derivative Lawsuits: A Critical Analysis (January 1, 1993). 87 Northwestern University Law Review 423 (1993), Available at SSRN: https://ssrn.com/abstract=1727632

Randall S. Thomas (Contact Author)

Vanderbilt University - Law School ( email )

131 21st Avenue South
Nashville, TN 37203-1181
United States

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium
Rue Ducale 1 Hertogsstraat
1000 Brussels
Belgium

Robert G. Hansen

Tuck School of Business at Dartmouth ( email )

Hanover, NH 03755
United States
603-646 2079 (Phone)
603-646-1308 (Fax)

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