May 28, 2013
by Dan DeRight
JURIST Guest Columnist Kenneth S. Gallant of the University of Arkansas at Little Rock, William H. Bowen School of Law says that careful delineation of the application of extraterritorial law is the key to its predictable application ...In two recent cases, Kiobel v. Royal Dutch Petroleum and ...[read more]
June 24, 2010
by Dwyer Arce
The US Supreme Court on Thursday ruled 8-0 in Morrison v. National Australia Bank that the Securities and Exchange Act of 1934 (SEA) does not provide a cause of action to foreign plaintiffs suing for misconduct occurring on foreign stock exchanges. The court held that, as a general rule, unless a ...[read more]
November 30, 2009
by Jay Carmella
The US Supreme Court on Monday granted certiorari in three cases. In Morrison v. National Australia Bank, the Court will consider whether foreign investors are entitled to bring fraud-on-the-market claims under Section 10(b) of the Securities and Exchange Act of 1934 when the stock purchased was ...[read more]

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