Monthly Archives: February 2014

Supreme Court Rules that Securities Litigation Uniform Standards Act Does Not Foreclose State Fraud Actions Not Based on a Covered Security




In Chadbourne & Parke LLP v. Troice, Nos. 12-79 et al. (February 26, 2014), the Supreme Court held, by a seven-to-two margin, that the Securities Litigation Uniform Standards Act (“SLUSA”) did not bar a state law fraud action in which … Continue reading




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The President, the Pope, Robert Kennedy, and the Problem of Income Inequality




President Barack Obama has identified income inequality as a major focus of his second presidential term. He has sponsored or implemented programs to raise the minimum wage; extend the period during which unemployment compensation will be paid; and subsidize the … Continue reading




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