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News
June 30, 2015

In The News Today – June 30, 2015

The U.S. Court of Appeals for the Eleventh Circuit recently decided in favor of stricter standards for plaintiff “ascertainability” in consumer class actions, i.e., the objective measure by which class members can be clearly identified so that defendants are protected from fraudulent claims. (Forbes)

KKR & Co. will pay the SEC nearly $30 million to settle allegations over its due-diligence expense allocation practices in the most significant recent enforcement action in the private equity industry. (Wall Street Journal)

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