U.S. Supreme Court Ruling Opens the Door to More State-Law Securities Class Actions
By EsqSocial Corporation 27/02/14
Today, in a 7-2 decision with Justice Breyer writing for the majority, the Supreme Court issued a narrow interpretation of when the federal Securities Litigation Uniform Standards Act (“SLUSA”) preempts state-law securities class actions....
By: Bradley Arant Boult Cummings LLP