Second Circuit Applies “Morrison” to Reject “Listing Theory”
By EsqSocial Corporation 10/06/14
On May 5, 2014, the U.S. Court of Appeals for the Second Circuit decided City of Pontiac v. UBS AG, affirming the dismissal of a securities fraud complaint against UBS and holding that the Supreme Court's decision in Morrison v. National Australia...
By: Morrison & Foerster LLP