Legal Opinion
Chadbourne & Parke LLP v. Troice
Supreme Court of the United States
Decided February 26, 2014No. 12-79PublishedCited by 113 opinions
1Opinion of the CourtJustice Breyer
*380The Securities Litigation Uniform Standards Act of 1998 (which we shall refer to as the "Litigation Act") forbids the bringing of large securities class actions based upon violations of state law. It says that plaintiffs may not maintain a class action "based upon the statutory or common law of any State" in which the plaintiffs allege "a misrepresentation or omission of a material fact in connection with the purchase or sale of a covered security ." 15 U.S.C. § 78bb(f)(1) (emphasis added). The Act defines "class actions" as those involving more than 50 members. See § 78bb(f)(5). It defines…
2Cases cited12 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Matrixx Initiatives, Inc. v. SiracusanoSupreme Court of the United States · 2011
- Superintendent of Insurance of New York v. Bankers Life & Casualty Co.Supreme Court of the United States · 1971
7 more not listed; retrieve them via the Exa API.
3Cited by113 opinions
- Cyan, Inc. v. Beaver County Employees Retirement FundSupreme Court of the United States · 2018
- Dalton Petrie v. Electronic Game Card, Inc.Court of Appeals for the Ninth Circuit · 2014
- Anwar v. Fairfield Greenwich Ltd.District Court, S.D. New York · 2015
- Alex Taksir v. Vanguard GroupCourt of Appeals for the Third Circuit · 2018
- Calderon-Serra v. Banco Santander Puerto RicoCourt of Appeals for the First Circuit · 2014
108 more not listed; retrieve them via the Exa API.