USA - June 30 2015
Section 27 of the Securities Exchange Act of 1934 (the "Act") provides that federal courts "shall have exclusive jurisdiction" over "violations of…
USA - May 4 2015
The Federal Power Act grants the Federal Energy Regulatory Commission exclusive jurisdiction over "the sale of electric energy at wholesale in…
USA - June 23 2014
The securities class action industry was launched a quarter-century ago when the Supreme Courtrecognized the so-called "fraud-on-the-market"…
Archis A. Parasharami
USA - April 7 2014
A recent decision denying certification of a securities-fraud class action underscores that plaintiffs must prove with evidence that they satisfy the…
USA - March 11 2014
Last year, we reported on the Second Circuit's ruling in Police & Fire Retirement System of City of Detroit v. IndyMac MBS, Inc. (pdf), 721 F.3d 95…