Legal Opinion
Instituto De Prevision Militar v. Merrill Lynch
Court of Appeals for the Eleventh Circuit
Decided October 29, 2008No. 07-15079PublishedCited by 51 opinions
1Opinion of the Court
MARCUS, Circuit Judge:
The central question presented on appeal is whether the Securities Litigation Uniform Standards Act of 1998 (“SLUSA”) bars the appellant, Instituto de Prevision Militar (“IPM”), from pursuing state law claims against Merrill Lynch & Co. and its affiliates for their role in a fraud committed on IPM by Pension Fund of America, L.C. (“PFA”), a non-party to this action. In a nutshell, PFA allegedly defrauded investors throughout Latin America — including IPM — by stealing their money rather than investing it. IPM claims that, under Florida law, Merrill Lynch is liable for…
2Cases cited19 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
- Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc.Supreme Court of the United States · 2008
- Bryant v. Avado Brands, Inc.Court of Appeals for the Eleventh Circuit · 1999
14 more not listed; retrieve them via the Exa API.
3Cited by51 opinions
- FindWhat Investor Group v. FindWhat. ComCourt of Appeals for the Eleventh Circuit · 2011
- SFM Holdings Ltd. v. Banc of America Securities, LLCCourt of Appeals for the Eleventh Circuit · 2010
- Romano v. KazacosCourt of Appeals for the Second Circuit · 2010
- Proctor v. Vishay Intertechnology, Inc.Court of Appeals for the Ninth Circuit · 2009
- Anwar v. Fairfield Greenwich Ltd.District Court, S.D. New York · 2015
46 more not listed; retrieve them via the Exa API.