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Supreme Court to Resolve Split on Removing Securities Act Claims to Federal Court

USA - June 27 2017 The Supreme Court today granted the petition for certiorari in Cyan, Inc. v. Beaver Cty. Emps. Ret. Fund, No. 15-1439 (U.S. May 24, 2016), setting...

Susan L. Saltzstein, Jay B. Kasner, Noelle M. Reed.

Supreme Court Rules That Equitable Tolling Does Not Apply to Section 13 of the Securities Act

USA - June 26 2017 In one of the first cases argued before new Justice Neil Gorsuch, the Supreme Court in California Public Employees’ Retirement System v. ANZ...

Susan L. Saltzstein, Boris Bershteyn, Jay B. Kasner, Robert A. Fumerton.

Second Circuit Sets Standard for Disclosure of Interim Financial Results in Offering Documents

USA - June 22 2017 On June 21, 2017, the U.S. Court of Appeals for the Second Circuit issued a decision of first impression that sets the standard for determining...

Jay B. Kasner.

Inside the Courts: An Update from Skadden Securities Litigators, February 2017Volume 9Issue 1

USA - February 22 2017 This quarter's issue includes summaries and associated court opinions of selected cases principally decided between November 2016 and January 2017...

Jennifer L. Spaziano, Seth M. Schwartz, Robert E. Zimet, Susan L. Saltzstein, Matthew R. Kipp, William P. Frank, Jay B. Kasner, Peter Simshauser, Robert A. Fumerton, Charles F. Smith, Joseph N. Sacca, James R. Carroll, Edward P. Welch, Michael Y. Scudder, George A. Zimmerman, Jennifer C. Voss, Charles F. Walker, Amy S. Park, Edward B. Micheletti, Jonathan J. Lerner, Paul J. Lockwood, Peter B. Morrison, Thomas J. Dougherty, Jonathan Frank, John K. Carroll, Jack P. DiCanio, Robert S. Saunders.

Near-Record Securities Litigation Filings Show No Signs of Slowing

USA - January 28 2017 Plaintiffs filed 300 securities class actions in 2016 a mark much higher than the annual average of 221 from 2011 to 2015 (as reported by NERA......

Susan L. Saltzstein, Jay B. Kasner.