Mealey's Litigation Procedure - High Court Agrees To Address Reach Of American Pipe In Securities Class Actions

WASHINGTON, D.C. - The U.S. Supreme Court on March 10 agreed to hear an appeal in a lawsuit seeking a determination as to the reach of the American Pipe & Construction Co. v. Utah rule in securities class action lawsuits (Public Employees' Retirement System of Mississippi v. IndyMac BBS Inc., et. al., No. 13-640, U.S. Sup.).

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