In Re Alco International Group, Inc. Securities Litigatio

158 F.R.D. 152 (S.D. Calif. 1994)

Facts

Two plaintiffs took separate actions against Alco under rule 10(b) of the Securities Exchange Act. Those actions were consolidate, and the plaintiffs decided to have the actions certified as a class action under Rule 23. The defendants opposed that motion based on four issues. The trial court granted the class certification.