Tag: Supreme Court

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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Supreme Court: Certain Securities Class Actions to Remain in State Court

The Supreme Court concluded that a securities class action based solely on claims arising under the Securities Act can proceed in state court and can not be removed to federal court. In reaching its conclusion the Court rejected the position

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