The U.S. Court of Appeals for the Second Circuit recently held that district courts can decertify a class after a jury verdict but before entry of final judgment. In Mazzei v. Money Store, 2016 U.S. App. LEXIS 12994 (2d Cir. July 15, 2016), the appellate court affirmed the United States District Court for the Southern District of New York’s post-jury-verdict decertification of a class of home loan borrowers, thereby overturning a $55 million jury award.
Home > Federal Law Articles > Class Actions > Class Action Certification > Think A Class Is Certified? Not So Fast… Second Circuit Affirms Decertification of Class Even After Jury Verdict, Overturning Jury Award