Tag: statute of limitations

Supreme Court Rejects American Pipe Tolling For Class Actions

The Supreme Court rejected a lower court ruling that would have permitted a securities class action to be filed after the statute of limitations would have expired but for the commencement of an earlier putative class action which had been

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Kokesh on Remand: Applying the Statute of Limitations

In Kokesh the Supreme Court rejected the SEC’s claim that disgorgement is equitable, concluding that as used in agency enforcement actions it is in fact a penalty. The Court also reserved the questions of whether the Commission is entitled to

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