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January 14, 2009
7th Circuit Makes It Harder for Plaintiffs to Keep Securities Class Actions in State Court
The folks at Law.com have reported a new decision of the Seventh Circuit that holds that the grant of federal jurisdiction in CAFA trumps the anti-removal provisions of the Securities Act of 1933. Read their report on the case, or the case itself.
--Counseller/jtf
January 14, 2009 | Permalink
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