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US Supreme Court limits extraterritorial reach of US securities law: Morrison v. National Australia Bank
- McCarthy Tétrault LLP
- -
- Canada
- -
- January 12 2011
Out of the US Supreme Court comes a positive development for Canadian issuers of securities who have business operations in the United States: the US Supreme Court held, on June 24, 2010, that the principal statutory provisions used by security-holders to bring class actions in the US s.10(b) of the Securities and Exchange Act of 1934 and SEC Rule 10b-5 (which is promulgated under s. 10(b)) have no application to trades in securities that are not traded on a US exchange and that do not take place in the US
US Supreme Court limits extraterritorial reach of US securities law: Morrison v. National Australia Bank
- McCarthy Tétrault LLP
- -
- Canada, USA
- -
- September 2 2010
Out of the US Supreme Court comes a positive development for Canadian issuers of securities who have business operations in the United States: the US Supreme Court held, on June 24, 2010, that the principal statutory provisions used by security-holders to bring class actions in the US s.10(b) of the Securities and Exchange Act of 1934 and SEC Rule 10b-5 (which is promulgated under s. 10(b)) have no application to trades in securities that are not traded on a US exchange and that do not take place in the US
Heightened litigation exposure for Canadian public issuers and executives
- McCarthy Tétrault LLP
- -
- Canada
- -
- March 26 2010
For Canada’s public corporations and their executives, a litigation threat long on the horizon has now arrived in force with the Ontario Superior Court’s recent decision in Silver v. IMAX
Heightened litigation exposure for Canadian public issuers and executives
- McCarthy Tétrault LLP
- -
- Canada
- -
- March 1 2010
For Canada's public corporations and their executives, a litigation threat long on the horizon has now arrived in force with the Ontario Superior Court's recent decision in Silver v. IMAX
Current Search
- Jurisdiction - Canada
- Workarea - Litigation
- Workarea - Capital Markets
- Author - Dana M. Peebles