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Supreme Court accepts Janus Capital appeal concerning potential liability of mutual fund advisors

  • Alston & Bird LLP
  • -
  • USA
  • -
  • July 8 2010

The Supreme Court recently granted certiorari to review the decision of the Fourth Circuit Court of Appeals in First Derivative Traders v. Janus Capital Group, Inc., 566 F.3d 111 (4th Cir. 2009), cert. granted, 78 U.S.L.W. 3271 (U.S. June 28, 2010) (No. 09-525

No liability under Stoneridge for investment banks that did business with Enron

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 5 2009

In what may have been the final blow to plaintiffs’ attempt to hold several investment banks liable for their involvement in the Enron scandal, the United States District Court for the Southern District of Texas granted summary judgment in favor of the investment banks after several years of litigation

Supreme Court to clarify “inquiry notice” standard for securities fraud statute of limitations

  • Alston & Bird LLP
  • -
  • USA
  • -
  • July 7 2009

Last month, the Supreme Court granted certiorari to clarify the much-litigated issue of when plaintiffs are deemed to have "inquiry notice" of their claims sufficient to trigger running of the statute of limitations for federal securities fraud claims