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Supreme Court to Determine State Court Jurisdiction of Class Actions Under Securities Act of 1933

July 5, 2017

This alert examines the Supreme Court’s recent grant of certiorari in Cyan Inc. et al. v. Beaver County Employees Retirement Fund et al., in which the Court will decide whether state courts have jurisdiction to hear class action cases brought under the Securities Act of 1933, a significant issue of statutory interpretation that has divided both state and federal courts.

Read the full alert here.

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