California Public Employees' Retirement System, Petitioner, V. ANZ Securities, Inc., Et Al., Respondents
California Public Employees' Retirement System, Petitioner, V. ANZ Securities, Inc., Et Al., Respondents

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Published: 2017

Total Pages: 48

ISBN-13:

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Argument: Available empirical evidence suggests that limiting American Pipe's reach will result in substantial numbers of wasteful protective filings; sound principles of research design counsel against a "natural experiment" approach or a narrow focus on opt-outs in measuring the efficiency costs of a decision limiting American Pipe's reach; limiting American Pipe's reach would not yield any countervailing benefit.