Month: April 2012

The Commission approved sending a staff study to Congress this week, as required by Dodd-Frank, which presents “options” for extending the reach of Section 10(b) in private damage actions beyond the limitations set by the Supreme Court in Morrison. One …

THIS WEEK IN SECURITIES LITIGATION (Week ending April 13, 2012) Read More »

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The Supreme Court’s decision in Morrison v. National Australia Bank, Ltd., 130 S. Ct. 2869 (2010) dramatically changed the reach of Exchange Act Section 10(b), the antifraud weapon of choice for the SEC and private plaintiffs. The decision contracted the …

THE SEC STAFF REPORT ON MORRISON – AND A DISSENT Read More »

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