Articles Posted in Supreme Court

Supreme Court decides Omnicare Securities Case, Clarifies Section 11 Claim Standards
Samuels Yoelin Kantor LLP

Was it a victory for investors? It seems so. Justice Elena Kagan’s written decision issued on March 24, 2015 in Omnicare, Inc., et al. v. Laborers District Council Construction Industry Pension Fund, et al. clarified the standards for investor claims under Section 11 of the Securities and Exchange Act of 1933.   Pension fund representatives and…

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