Legal Opinion
Carl Kircher and Robert Brockway, Individually and on Behalf of a Class v. Putnam Funds Trust and Putnam Investment Management, LLC
Court of Appeals for the Seventh Circuit
Decided April 5, 2005No. 04-1495, 04-1496, 04-1608, 04-1628, 04-1650, 04-1651, 04-1660, 04-1661, 04-2162, 04-2687PublishedCited by 32 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Complaints filed in the circuit court of Madison County, Illinois, charge several mutual funds with setting prices in a way that arbitrageurs can exploit. The funds removed the suits to federal court and asked the district judges to dismiss them under the Securities Litigation Uniform Standards Act of 1998 (SLUSA). Instead the federal judges remanded each suit. Last year we held that these remands are appealable. See Kircher v. Putnam Funds Trust, 373 F.3d 847 (7th Cir.2004). Now we must decide whether SLUSA blocks litigation in state court. (Plaintiffs have asked…
2Cases cited17 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Holmes v. Securities Investor Protection CorporationSupreme Court of the United States · 1992
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
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3Cited by32 opinions
- Merrill Lynch, Pierce, Fenner & Smith Inc. v. DabitSupreme Court of the United States · 2006
- Kircher v. Putnam Funds TrustSupreme Court of the United States · 2006
- In Re Mutual Funds Investment LitigationDistrict Court, D. Maryland · 2005
- In Re Franklin Mutual Funds Fee LitigationDistrict Court, D. New Jersey · 2005
- Potter v. Janus Investment FundDistrict Court, S.D. Illinois · 2007
27 more not listed; retrieve them via the Exa API.