Year: 2009

The Supreme Court agreed to hear the Second Circuit’s “foreign-cubed” decision, Morrison v. National Australia Bank Ltd., Case No. 08-1191. In that case, the circuit court affirmed the dismissal of a securities fraud complaint for lack of jurisdiction, as discussed …

THE REACH OF SECTION 10(b): THE SUPREME COURT AND FOREIGN-CUBED Read More »

Merck & Co. v. Reynolds, Case No. 08-905, argued yesterday before the high court, will resolve an important question regarding the application of the statute of limitations in private securities damage actions. The case focuses on an interpretation of the …

THE STATUTE OF LIMITATIONS BEFORE THE SUPREME COURT Read More »