In the year since the Supreme
Court issued its decision in Morrison regarding "foreign cubed"
securities claims, where the Court held that federal securities statutes do not
apply, lower federal courts have applied Morrison inconsistently. James M.
Wilson Jr., partner at Chitwood Harley Harnes...
Recently, in Absolute Activist Value Master Fund
Limited v. Ficeto , Docket No. 11-0221-cv, 2012 U.S. App. LEXIS 4258 (2d
Cir. Mar. 1, 2012) [ an enhanced version of this opinion is available to lexis.com subscribers
/ unenhanced version available from lexisONE Free Case Law ],
the Second Circuit interpreted...