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10(b) Limitations Period: Supreme Court Rejects Inquiry Notice Standard in Merck & Co. v. Reynolds

by Michele Rose, Christian Ward, and Lisa Perez Excerpt: In Merck & Co. v. Reynolds , 130 S. Ct. 1784, 2010 U.S. LEXIS 3671, (2010), the Supreme Court unanimously rejected the inquiry notice standard numerous circuits applied in determining when the limitations period for a Section 10(b) claim...

U.S. v. Stricker: Government Loses Big Time After Federal Judge Grants Defendants’ Motion to Dismiss Based on Statute of Limitations

On September 30, 2010, the Stricker opinion was released by the Alabama District Court. The opinion validated all of the rumors as to the case being dismissed due to statute of limitations issues. As suspected, the case was dismissed on the fact that regardless of whether a three- or six-year statute...