Judge Requires Racial, Gender “Diversity” in Class Counsel

New York Law Journal:

A stir recently erupted in the securities class action bar after Baer issued an order in a case against Gildan Activewear Inc., directing two of the largest firms in the field, Labaton Sucharow and Robbins Geller Rudman & Dowd, to “make every effort” to put at least one woman and one minority lawyer on the case.

It’s not the first time Judge Baer has required “diversity” in class counsel, according to the story.