The Supreme Court heard argument today in the securities class action case, Merck & Co., Inc. v. Reynolds, No. 08-905 (U.S.). The case involves allegations that the defendant defrauded investors by making false statements about the health risks associated with the drug Vioxx. The issue in the case, courtesy of SCOTUS Wiki, is Whether under the “inquiry [...]
Posts Tagged ‘inquiry notice’
Supreme Court Considers “Inquiry Notice” Standard in Securities Class Actions
Posted in Class Action News, Securities Class Actions, Supreme Court Decisions, tagged inquiry notice, merck v. reynolds, scienter, scotus, securities class action, u.s. supreme court, United States Supreme Court, vioxx on November 30, 2009 | Leave a Comment »
U.S. Supreme Court Considers Class Action Issues
Posted in Class Action News, Supreme Court Decisions, tagged CAFA, foreign cubed, inquiry notice, scotus, securities fraud, Supreme Court, u.s. supreme court on June 23, 2009 | Leave a Comment »
This month’s edition of BNA, Inc.’s Class Action Litigation Reporter (available by subscription) tipped me off to three interesting class action-related cases pending before the United States Supreme Court: 1) Morrison v. National Australia Bank, No. 08-1191 (cert pending). The Court invited the Solicitor General to submit a brief expressing the U.S. government’s views on a petition for certoriari [...]
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