The Supreme Court in Cyan, Inc. v. Beaver County Employees, 138 S.Ct. 1061(2018) concluded that a securities class action brought in state court based solely on claims arising under the Securities Act of 1933 could not be dismissed based on …
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The Supreme Court and Securities Litigation: Emulex
The Supreme Court may reshape SEC Enforcement by the end of this Term. The Court has already heard argument in Lorenzo v. SEC, No. 17-1077where the critical issue is the scope of primary liability under Exchange Act section 10(b). That …
The Supreme Court and Securities Litigation: Emulex
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