Tuesday, June 27, 2017
Certiorari Granted in Cyan
The Supreme Court has greated certiorari in Cyan Inc. v. Beaver County Employees Retirement Fund. At issue in the case is whether the Securities Litigation Uniform Standards Act prohibits a state court from exercising jurisdiction over lawsuits that only allege violations of the Securities Act of 1933. As my recent article discuses, the Roberts Court's interest in securities litigation procedure runs deep.