Class Certification Event Study Costs definition
Class Certification Event Study Costs means reasonable fees and expenses incurred to conduct an admissible event study regarding facts relevant to class certification in a Securities Claim.
Class Certification Event Study Costs means reasonable fees, costs and expenses of an expert witness incurred by an Insured to create, conduct, and produce an admissible event study regarding any issues of fact relevant to the determination of whether to grant class certification in a Securities Claim.
Examples of Class Certification Event Study Costs in a sentence
Notwithstanding the foregoing sentence, (i) for any Securities Claim, Defense Costs incurred as Class Certification Event Study Costs will not be subject to the applicable Retention and (ii) no Retention will apply to the first $25,000 incurred as Electronic Discovery Defense Costs.