Monday, January 21, 2013
SCOTUS Cert Grants on SLUSA: The Troice Troika
On Friday the Supreme Court granted certiorari in three cases on the Securities Litigation Uniform Standards Act (SLUSA). At issue is the scope of SLUSA’s 15 U.S.C. § 78bb(f)(1)(A), which blocks class actions based on state law that involve “a misrepresentation or omission of a material fact in connection with the purchase or sale of a covered security.” Links below:
Chadbourne & Parke v. Troice, No. 12-79:
Willis of Colorado Inc. v. Troice, No. 12-86:
Proskauer, Rose v. Troice, No. 12-88
For more coverage, see:
--A
https://lawprofessors.typepad.com/civpro/2013/01/scotus-cert-grants-on-slusa-the-troice-troika.html