Tag: Supreme Court

Exchange Act Section 27 gives federal district courts exclusive jurisdiction of all suits “brought to enforce any liability or duty created” by the Act. The critical question was the scope and reach of that exclusive jurisdiction. The issue had split …

Supreme Court: The Reach of Exchange Act Section 27 Read More »

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The Supreme Court agreed to hear another securities law case. The case arises out of the litigation surrounding the Allen Stanford Ponzi scheme and involves the application of the Securities Litigation Uniform Standards Act or SLUSA. That Act generally precludes …

The Supreme Court Will Interpret SLUSA Read More »

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