U.S. Supreme Court
Apr. 29, 2010
Merck Investors Win at High Court
In a win for the plaintiffs' bar, the U.S. Supreme Court ruled for shareholders Tuesday in a major class action securities fraud case.
Daily Journal Staff Writer
WASHINGTON - In a win for the plaintiffs' bar, the U.S. Supreme Court ruled for shareholders Tuesday in a major class action securities fraud case.
The question before the court was what shareholders need to know about a fraud before the two-year securities fraud statute of limitations is triggered.
The court held unanimously that the statute of limitations only b...
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