California Public Employees' Retirement System v. ANZ Securities, Inc.
Supreme Court of the United States
1Opinion of the CourtJustice Kennedy
The suit giving rise to the case before the Court was filed by a plaintiff who was a member of a putative class in a class action but who later elected to withdraw and proceed in this separate suit, seeking recovery for the same illegalities that were alleged in the class suit. The class-action suit had been filed within the time permitted by statute. Whether the later, separate suit was also timely is the controlling question.
I
A
The Securities Act of 1933 "protects investors by ensuring that companies issuing securities ... make a 'full and fair disclosure of information' relevant to a public…
Also in this document: Dissent.
2Cases cited24 opinions
- Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
- Wal-Mart Stores, Inc. v. DukesSupreme Court of the United States · 2011
- Holland v. FloridaSupreme Court of the United States · 2010
- Irwin v. Department of Veterans AffairsSupreme Court of the United States · 1991
- American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
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