Upcoming Securities Cases at SCOTUS

This year’s Supreme Court term will have some important securities cases: A notice from Robbins Geller Rudman & Dowd notes: The U.S. Supreme Court is currently considering a wide range of issues in securities cases that are likely to impact investors’ ability to recover for losses caused by corporate wrongdoing. Specifically, the cases currently being…

Brett Kavanaugh: Casting a Shadow over SRI Investing? | Journal of Political Risk

Given the relative importance of administrative agency rule changes to SRI investing, the SRI investing sector should be concerned by President Trump’s nomination of Brett Kavanaugh.  Like Neil Gorsuch, Brett Kavanaugh opposes the Chevron deference, the doctrine that requires judges to defer to administrative agencies’ interpretations of federal law where the law is ambiguous and…

State Courts Can Adjudicate Class Actions

A decision by Justice Elena Kagan and supported unanimously by the  Court upheld a category of shareholder lawsuits that corporations were attempting to keep out of state courts, a significant ruling on behalf of shareholders who file class actions. The Supreme Court ruled today that the 1998 amendments to the federal securities laws did not…