New Jersey Carpenters Health Fund v. RALI Series 2006-QO1 Trust et al

Filing 124

OPINION AND ORDER: Plaintiffs have not met their burden of showing, by a preponderance of the evidence, that all the Rule 23 requirements have been satisfied. Ultimately, the individualized issues presented by the putative class members in both the R ALI and Harborview cases predominate, and class treatment is not superior. The motions for class certification is therefore DENIED. As a result I need not consider whether to appoint Lead Plaintiffs as class representatives, nor whether to appoint Cohen Milstein Sellers & Toll PLLC as class counsel. The Clerk of the Court is instructed close the relevant motions and remove them from my docket. (Signed by Judge Harold Baer on 1/18/2011) (jar)

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