Tag: Supreme Court

The Supreme Court heard argument on the question frequently referred to in the circuit and district courts as scheme liability on Monday, December 3, 2018. Lorenzo v. SEC, No. 17-0077. Specifically, the question as framed by Petitioner Francis Lorenzo is …

Lorenzo and Primary Liability: An SEC Win at the High Court?

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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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