Complex Litigation: Antitrust Class Standing

National Law Journal, Vol. 30, No. 41, p. 13, June 2008

U of Texas Law, Public Law Research Paper No. 419

5 Pages Posted: 9 Jun 2013

Date Written: June 23, 2008

Abstract

Commentary and analysis of pleading standing in consumer antitrust class action litigation, after the Supreme Court’s heightened pleading standards in Bell Atlantic Corp. v. Twombly, 127 S.Ct. 1955 (2007). This analysis focuses on the Second Circuit’s decision in Ross v. Bank of America, 524 F.3d 217 (2d Cir. 2008), where the Second Circuit held that there is no heightened standard for pleading injury in fact sufficient to satisfy standing under Article III of the U.S. Constitution, simply because the alleged injury is caused by an antitrust violation. The action was brought by a class of credit card holders issued by Bank of America, American Express, and Wells Fargo & Co. The plaintiffs claimed that the banking and financial institutions illegally colluded, in violation of the federal antitrust laws, to impose mandatory arbitration clauses in their cardholder agreements. The defendants filed Rule 12(b)(1) and 12(b)(6) motions to dismiss arguing that the cardholders lacked Article II and antitrust standing to assert their claims. The Second Circuit held that the plaintiffs had pleaded injuries that were actual and imminent under Lujan standards, and eschewed the argument that there are special, heightened standards for establishing standing in antitrust cases.

Keywords: Class action litigation, antitrust class litigation, standing antitrust class actions, Bell Atlantic v. Twombly, heightened pleading, Ross v. Bank of America

Suggested Citation

Mullenix, Linda S., Complex Litigation: Antitrust Class Standing (June 23, 2008). National Law Journal, Vol. 30, No. 41, p. 13, June 2008; U of Texas Law, Public Law Research Paper No. 419. Available at SSRN: https://ssrn.com/abstract=2276500

Linda S. Mullenix (Contact Author)

University of Texas School of Law ( email )

727 East Dean Keeton Street
Austin, TX 78705
United States
512-232-1375 (Phone)

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