Tag Archives: Morrison

SEC Releases Study on the Cross-Border Scope of the Private Right of Action Under Section 10(b) of the Exchange Act

This is an update to our November 30, 2010 and April 26, 2011 blog posts relating to the SEC’s Study on Extraterritorial Private Rights of Action.  The study was a result of the Supreme Court’s decision in Morrison v. National … Continue reading

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The NYSE-Deutsche Börse Merger and Private Rights of Action Under the Securities Exchange Act

On February 15, 2011, NYSE Euronext, Inc. (“NYSE”) unveiled its merger plan with Deutsche Börse AG (“Deutsche Börse) which would result in cost synergies related in part to clearing and market operations. If consummated, the combined company would be 60% … Continue reading

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Is There No Judicial Love For Penny Stocks Under Morrison?

In response to the question “How do cases end up in law school text books,” one of my law school professors stated matter-of-factly, “Either because of bad lawyering or bad judging.”  Without opining on said professor’s hypothesis, a recent court … Continue reading

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