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Two Recent Second Circuit Decisions Provide Opportunity for Supreme Court to Address Whether American Pipe Tolling Extends to Statutes of Repose

USA - July 19 2016 The tolling rule established by the Supreme Court in American Pipe & Construction Co. v. Utah generally provides that the commencement of a class…

Agnès Dunogué, Brian G. Burke, Jaculin Aaron, Matthew L. Craner, Stuart J. Baskin.

United States Supreme Court Clarifies Scope of Specific Personal Jurisdiction in State Court

USA - June 22 2017 On Monday, June 19, 2017, the Supreme Court clarified the limits of specific personal jurisdiction in state courts, holding that a connection between…

Agnès Dunogué, Brian G. Burke, Jaculin Aaron, Jerome S. Fortinsky, Joseph J. Frank, Matthew L. Craner, Paula Howell Anderson, Stephen Fishbein, Stuart J. Baskin.

US Supreme Court to Consider Registrant’s Liability for Non-Disclosure Under Item 303 of Regulation S-K

USA - March 31 2017 On March 27, 2017, the United States Supreme Court granted a petition for a writ of certiorari to resolve a circuit split on whether corporate…

Agnès Dunogué, Alan S. Goudiss, Jaculin Aaron, Jerome S. Fortinsky, John Gueli, Joseph J. Frank, Matthew L. Craner, Stephen Fishbein, Stuart J. Baskin.

Second Circuit’s First Published Opinion Applying Omnicare Adopts Strong Contextual Approach to Opinion Statement Liability

USA - March 7 2016 In Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, 135 S.Ct. 1318 (2015) (“Omnicare”), the Supreme Court pronounced…

Agnès Dunogué, Jaculin Aaron, Matthew L. Craner, Stephen Fishbein, Stuart J. Baskin.

Second Circuit Accepts Controversial “Inflation-Maintenance” Theory of Securities Fraud Liability

USA - October 5 2016 In so-called “price maintenance” securities fraud cases, plaintiffs argue that a misrepresentation that does not cause a stock’s price to rise can…

Agnès Dunogué, Brian G. Burke, Jaculin Aaron, Matthew L. Craner, Stuart J. Baskin.