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 …
Supreme Court Rejects American Pipe Tolling For Class Actions
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The Supreme Court agreed to hear another securities case this week. Leidos, Inc. v. Indiana Public Retirement System, No. 16-581. The only other securities action currently on the High Court’s docket is Kokesh v. Securities and Exchange Commission, No. 16-529. …