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 ‘United States Supreme Court’
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 »
More on Sotomayor, Class Actions and Business
Posted in Class Action News, Other class action blogs, tagged sotomayor, supreme court nomination, supreme court nominee, u.s. supreme court, United States Supreme Court on May 27, 2009 | 1 Comment »
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, [...]

