How Close a “Connection” is Required to File a State-Law Securities Fraud Class Action Lawsuit?
BY ERIN FITZGERALD — On October 7, 2013, the Supreme Court heard oral argument in Chadbourne & Parke LLP v. Samuel Troice, in which the Court is expected to clarify the scope of preclusion under the Securities Litigation Uniform Standards Act (“SLUSA”) of state-law securities fraud class actions. Chadbourne, representing three consolidated cases arising from […]