High Court Weighs Fraud Lawsuit Against Aussie Bank

High Court Weighs Fraud Lawsuit Against Aussie Bank

WASHINGTON, D.C. – (AP) The Supreme Court indicated Monday it could prohibit foreign investors from using U.S. securities law and American courts to sue a foreign bank for fraud. The court heard argument in a challenge from Australian investors who want to sue the Melbourne-based National Australia Bank. . . . Full version available to lexis.com subscribers.