U.S. Supreme Court,
Securities,
Civil Litigation,
Appellate Practice
Oct. 2, 2017
State court jurisdiction over class actions
On the last day of the October 2016 term, the U.S. Supreme Court granted certiorari in Cyan v. Beaver County Employees Retirement Fund to resolve whether the 1998 amendments to the Securities Act of 1933 eliminated state court jurisdiction over class actions arising exclusively under federal law, and regarding securities traded on national exchanges.
OCTOBER 2017 TERM
On the last day of the October 2016 term, the U.S. Supreme Court granted certiorari in Cyan v. Beaver County Employees Retirement Fund to resolve an issue that has split the federal district courts. In Cyan , the court will decide whether the 1998 amendments to the Securities Act of 1933 eliminated state court jurisdiction over class actions arising exclusively under federal law, and rega...
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