Legal Opinion
Morrison v. National Australia Bank Ltd.
Supreme Court of the United States
Decided June 24, 2010No. 08-1191PublishedCited by 1,185 opinions
1Opinion of the CourtJustice Scalia
We decide whether § 10(b) of the Securities Exchange Act of 1934 provides a cause of action to foreign plaintiffs suing *251foreign and American defendants for misconduct in connection with securities traded on foreign exchanges.
I
Respondent National Australia Bank Limited (National) was, during the relevant time, the largest bank in Australia. Its Ordinary Shares — what in America would be called “common stock” — are traded on the Australian Stock Exchange Limited and on other foreign securities exchanges, but not on any exchange in the United States. There are listed on the New York Stock…
2Cases cited44 opinions
- Arbaugh v. Y & H Corp.Supreme Court of the United States · 2006
- Bell v. HoodSupreme Court of the United States · 1946
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- United States v. CottonSupreme Court of the United States · 2002
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
39 more not listed; retrieve them via the Exa API.
3Cited by1,185 opinions
- Daniels-Hall v. National Education Ass'nCourt of Appeals for the Ninth Circuit · 2010
- Allan Campbell v. Air Jamaica LTDCourt of Appeals for the Eleventh Circuit · 2014
- Amidax Trading Group v. S.W.I.F.T. ScrlCourt of Appeals for the Second Circuit · 2011
- Hosanna-Tabor Evangelical Lutheran Church & School v. Equal Employment Opportunity CommissionSupreme Court of the United States · 2012
- Kiobel v. Royal Dutch Petroleum Co.Supreme Court of the United States · 2013
1,180 more not listed; retrieve them via the Exa API.