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Exclusive Federal Forum Selection Provisions for Securities Act Claims Held to be Valid in Delaware

On March 18, in Salzberg v. Sciabacucchi, No. 346, 2019, the Delaware Supreme Court held that Delaware corporations may validly adopt forum selection provisions requiring that all claims arising under the federal Securities...more

Supreme Court's Cyan Decision Means Open Season for Investor Class Actions After IPOs

The U.S. Supreme Court issued a unanimous decision on March 20 holding that investors are free to file securities class action lawsuits challenging the veracity of stock registration statements under Section 11 of the...more

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