5th Circuit: Conflict Over Securities Class Certification Adequately Addressed

( October 8, 2025, 4:31 PM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals affirmed a district court’s interlocutory order that partially granted and partially denied class certification in a case brought by investors in an offshore development company that allegedly made misstatements in connection with a merger that caused the company’s stock to artificially increase, finding the lower court adequately addressed an intraclass conflict by dividing the class into two subclasses....