Forum Shopping in the Bargain Aisle: Wal-Mart and the Role of Adequacy of Representation in Shareholder Litigation

Forthcoming, Research Handbook on Shareholder Litigation, Edward Elgar Publishing, (eds. Sean Griffith, et al.)

Widener University Delaware Law School Legal Studies Research Paper Series No. 17-03

28 Pages Posted: 6 Dec 2016 Last revised: 15 Dec 2016

See all articles by Lawrence A. Hamermesh

Lawrence A. Hamermesh

Widener University Delaware Law School

Jacob Fedechko

Delaware Journal of Corporate Law; Widener University - Delaware Law School

Date Written: November 21, 2016

Abstract

The chapter reviews the problem of applying res judicata and collateral estoppel in multiforum shareholder class and derivative litigation, and identifies badges of inadequacy of representation that may refine doctrine to assist in policing when applying doctrines of repose may inappropriately preclude subsequent shareholder litigation.

Keywords: Shareholder Litigation, Class Actions, Derivative Actions, Adequacy of Representation, Res Judicata, Collateral Estoppel

JEL Classification: K22, K41

Suggested Citation

Hamermesh, Lawrence A. and Fedechko, Jacob, Forum Shopping in the Bargain Aisle: Wal-Mart and the Role of Adequacy of Representation in Shareholder Litigation (November 21, 2016). Forthcoming, Research Handbook on Shareholder Litigation, Edward Elgar Publishing, (eds. Sean Griffith, et al.); Widener University Delaware Law School Legal Studies Research Paper Series No. 17-03. Available at SSRN: https://ssrn.com/abstract=2874249 or http://dx.doi.org/10.2139/ssrn.2874249

Lawrence A. Hamermesh (Contact Author)

Widener University Delaware Law School ( email )

4601 Concord Pike
Wilmington, DE 19803-0406
United States
302-477-2132 (Phone)
302-477-2257 (Fax)

Jacob Fedechko

Delaware Journal of Corporate Law ( email )

Widener University School of Law
P.O. Box 7286
Wilmington, DE 19803
United States

Widener University - Delaware Law School ( email )

4601 Concord Pike
Wilmington, DE 19803-0406
United States

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