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ESTATE OF PEW v. CARDARELLI

Docket No. 06-5703-mv.

527 F.3d 25 (2008)

ESTATE of Barbara PEW (Deceased), John Pew, Jr., Individually and as Executor of the Estate of Barbara E. Pew, Harold Pew, Donna Pew, H. Nancy Hann, Julia Hudasky and Kathleen Prickett, on behalf of themselves and all others similarly situated, Plaintiffs-Respondents, v. Donald P. CARDARELLI, Peter J. O'Neill and PriceWaterhouseCoopers LLP, Defendants-Petitioners.

United States Court of Appeals, Second Circuit.

Decided: May 13, 2008.

Attorney(s) appearing for the Case

Robert I. Harwood (James Flynn, on the brief), Wechsler Harwood LLP, New York, NY, Harold G. Cohen, Dilworth Paxson LLP, Cherry Hill, NJ, Stuart Savett (James J. Rodgers, on the brief), Dilworth Paxson LLP, Philadelphia, PA, David M. Garber, Mackenzie Hughes LLP, Syracuse, NY, for Plaintiffs-Respondents.

Philip D. Anker (Peter K. Vigeland, Matthew M. Graves, on the brief), Wilmer Cutler Pickering Hale and Dorr LLP, James J. Capra, Jr. (Matthew L. Craner, Alison F. Swap, on the brief), Orrick, Herrington & Sutcliffe LLP, New York, NY, for Defendants-Petitioners.

Before: JACOBS, Chief Judge, KEARSE and POOLER, Circuit Judges.

DENNIS JACOBS, Chief Judge:

This case construes certain provisions of the Class Action Fairness Act of 2005 ("CAFA"), Pub.L. No. 109-2, 119 Stat. 4 (codified in scattered sections of Title 28, United States Code). One purpose of CAFA is to provide a federal forum for securities cases that have national impact, without impairing the ability of state courts to decide cases of chiefly local import or cases that concern traditional state regulation of the state's corporate...

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