Tag: Supreme Court

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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The New Supreme Court Term: Three Securities Cases

Three securities cases are on the docket as the new Supreme Court Term begins. A fourth significant action is pending certiorari. The three cases currently on the docket are: • Digital Realty Trust, Inc. v. Somers, No. 16-1276, centered on

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