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Is the Standard Negligence or Intent? Supreme Court to Address Circuit Split on Section 14(e) Claims

On January 4, 2019, the Supreme Court of the United States granted certiorari and agreed to hear a challenge by Emulex Corporation to a 2018 Ninth Circuit ruling regarding the scope of liability under Section 14(e) of the...more

Class Action Roundup: Summer 2018

Where the (Class) Action Is - Welcome to the latest edition of the Class Action Roundup, covering significant decisions and settlements from the second quarter of 2018. Arbitration was a hot topic this quarter with the...more

U.S. Supreme Court Rules State Courts Can Hear Certain ’33 Act Claims

On March 20, 2018, the U.S. Supreme Court issued a much-anticipated decision in Cyan Inc. v. Beaver County Employees Retirement Fund, ruling that, pursuant to the Securities Litigation Uniform Standards Act of 1998 (SLUSA),...more

Supreme Court to Review Concurrent State Court Jurisdiction in Securities Act of 1933 Cases

On June 27, 2017, the U.S. Supreme Court granted a writ of certiorari in Cyan Inc. v. Beaver County Employees Retirement Fund to decide whether, pursuant to the Securities Litigation Uniform Standards Act of 1998 (SLUSA),...more

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