Securities
Sep. 25, 2009
The Newest Securities Litigators?
Richard Gallagher of Orrick, Herrington & Sutcliffe says California municipalities may be stripped of immunity.
SECURITIES
By Richard Gallagher It takes money to run a city, but municipal budgets have never been tighter. Historically, California's cities, counties and other public entities have often turned to government-issued securities as the simplest financial solution. But life is getting more complicated for California's local governments, which may soon become familiar with an area of law they would rather not: securities litigation. A federa...For only $95 a month (the price of 2 article purchases)
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