id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-1746	Parkinson, Alex Atticus	Class Actions As Firms	2017	83	.pdf	application/pdf	29553	1302	53	However, the hegemony of this framework can misguide courts, which not only aggressively regulate genuine principal-agent problems, as they should, but also regularly constrain the size and scope of class actions without explaining why doing so mitigates agency costs. That said, the principal-agent framework rests on an often-assumed, important, and inarguable foundation: principal-agent problems arise because class actions separate ownership (litigation interests belonging to class members) from management (class counsel).	cache/cblr-1746.pdf	txt/cblr-1746.txt