Securities
May 8, 2010
Supreme Court Examines Statute of Limitations for Securities Fraud Cases
Eric Waxman, Peter Morrison and Virgina Milstead explore the Supreme Court's decision in Merck & Co. Inc. v. Reynolds.
Peter B. Morrison
Partner
Skadden, Arps, Slate, Meagher & Flom LLP
300 S Grand Ave
Los Angeles , CA 90071
Phone: (213) 687-5304
Email: peter.morrison@skadden.com
New York Univ SOL; New York NY
Eric S. Waxman
Virginia F. Milstead
Partner
Skadden, Arps, Slate, Meagher & Flom LLP
Phone: (213) 687-5000
Email: virginia.milstead@skadden.com
Virginia has a broad commercial litigation practice, including the representation of foreign-domiciled clients, with a particular emphasis on securities and merger litigation.
On April 27, 2010, the U.S. Supreme Court issued a decision in Merck & Co. Inc. v. Reynolds, 2010 DJDAR 6121, in which the Court construed 28 U.S.C. Section 1658(b), the statute of limitations for federal private securities fraud claims. Section 1658(b) provides, among other things, that a complaint satisfies the statute of limitations if it is filed no more than two years after the plaintif...
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