Washington, D.C. (Mealey's) - The U.S. Supreme Court on November 29 th heard oral arguments in a shareholder derivative suit appeal seeking a determination of whether the two-year statute of limitations for bringing an action under Section 16(b... Read More
In Halliburton, the Supreme Court is deciding "Whether, in a private action under Section 10(b) of the Securities Exchange Act of 1934 . . .a plaintiff who invokes the fraud-on-the market presumption of reliance must prove loss causation in order... Read More
On this edition, Alex Bahn of Hogan Lovells discusses the Supreme Court's decision in Credit Suisse Securities (USA) LLC v. Simmonds, in which the Court addressed the scope of the statute of limitations under Section 16(b) of the Securities Exchange... Read More