Ninth Circuit Court of Appeals Holds Delaware Carve-out Exception to SLUSA Applies in Shareholder Suit against Financial Advisor

Resource type: Legal Update: archive

Status: Published on 02-Mar-2009

Jurisdiction: USA

An update on the Ninth Circuit Court of Appeals' holding that the Delaware carve-out exception to the Securities Litigation Uniform Standards Act of 1998 applied in a claim brought by shareholders of a company against the investment bank that rendered the fairness opinion.
PLC Corporate & Securities


 

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  • Resource ID: 4-385-1868
  • Published: 02-Mar-2009
  • Products:  PLC US Corporate & Securities
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  • CorporationsCorporations (http://uslf.practicallaw.com/9-380-7415)
  • Market RegulationMarket Regulation (http://uslf.practicallaw.com/7-383-5891)
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