Legal Opinion

Hidalgo-Vélez v. San Juan Asset Management, Inc.

Court of Appeals for the First Circuit

Decided July 10, 2014No. 13-1574PublishedCited by 11 opinions

1Opinion of the Court

SELYA, Circuit Judge.

This case requires us to trace the contours of the “in connection with” element of the Securities Litigation Uniform Standards Act of 1998 (SLUSA), 15 U.S.C. § 78bb(f), in the reflected light of the Supreme Court’s recent decision in Chadbourne & Parke LLP v. Troice, — U.S. -, 134 S.Ct. 1058, 188 L.Ed.2d 88 (2014). Giving full voice to Twice, we conclude that the district court impermissibly extended the SLUSA’s reach. Accordingly, we vacate the judgment below, reverse the denial of the plaintiffs’ motion to remand, and remit the case to the district court with directions…

2Cases cited32 opinions

  1. United States v. OlanoSupreme Court of the United States · 1993
  2. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
  3. Hormel v. HelveringSupreme Court of the United States · 1941
  4. Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
  5. National Bank v. Insurance Co.Supreme Court of the United States · 1881

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3Cited by11 opinions

  1. Cyan, Inc. v. Beaver County Employees Retirement FundSupreme Court of the United States · 2018
  2. Sanders v. Phoenix Insurance CompanyCourt of Appeals for the First Circuit · 2016
  3. United States v. McLellanCourt of Appeals for the First Circuit · 2020
  4. Henderson v. Bank of New York Mellon Corp.District Court, D. Massachusetts · 2015
  5. Marchak v. JPMorgan Chase & Co.District Court, E.D. New York · 2015

6 more not listed; retrieve them via the Exa API.

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