On April 28, 2022, the Court of Appeals of California, First District, upheld a corporate charter provision requiring shareholders to file Securities Act of 1933 (“Securities Act”) lawsuits in federal court. This is the...more
5/5/2022
/ Anti-Waiver Provisions ,
Appellate Courts ,
California ,
Commerce Clause ,
Forum Selection ,
Jurisdiction ,
Motion to Dismiss ,
Putative Class Actions ,
Securities Act of 1933 ,
SLUSA ,
Supremacy Clause
On March 20, 2018, the United States Supreme Court issued a unanimous decision in Cyan, Inc. v. Beaver County Employees Retirement Fund. Cyan resolves a nearly two-decades-long split among state and federal courts concerning...more