Recent Developments in Securities Law
November 03, 2014
This year several developments have emerged in civil securities litigation and enforcement. In Halliburton Co. v. Erica P. John Fund, Inc., the Supreme Court examined the “fraud on the market” theory in class action securities cases. The Court has also reversed its decision to review the extent to which a filed class action securities case suspends the statute of repose for opt outs in Police and Fire Retirement System of the City of Detroit v. IndyMac MBS. The Supreme Court defined whistleblower protection in Lawson et al. v. FMR LLC et al., and the Second Circuit addressed liability admissions in enforcement actions in United States Securities and Exchange Commission v. Citigroup Global Markets, Inc.
Reprinted with permission from Thomson Reuters/Aspatore.
The articles on our Website include some of the publications and papers authored by our attorneys, both before and after they joined our firm. The content of these articles should not be taken as legal advice.
If you are interested in having us represent you, you should call us so we can determine whether the matter is one for which we are willing or able to accept professional responsibility. We will not make this determination by e-mail communication. The telephone numbers and addresses for our offices are listed on this page. We reserve the right to decline any representation. We may be required to decline representation if it would create a conflict of interest with our other clients.
By accepting these terms, you are confirming that you have read and understood this important notice.