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Posts Tagged ‘United States Supreme Court’

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 [...]

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To follow up with yesterday’s CAB entry on Supreme Court Nominee Sonia Sotomayor, here are some key quotes from other entries  from around the web discussing her record in class actions and related litigation: Business Week:  ”When it comes to class-action lawsuits and securities-fraud cases, Sotomayor’s record holds as a pragmatist.”  http://www.businessweek.com/blogs/money_politics/archives/2009/05/sotomayor_on_di.html?chan=top%20news_top%20news%20index%20-%20temp_news%20+%20analysis (via Securities Docket) Lots, Stocks, [...]

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