Robert A. Horowitz, a partner at Greenberg Traurig, analyzes the question before the U.S. Supremem Court of whether SLUSA preempts any class actions that fall within the scope of §10(b) of the Exchange Act of 1934, 15 USC §78v(j) and Rule 10b-5 promulgated thereunder, or only those actions that could be asserted in a private claim for damages under §10(b) and Rule 10b-5.
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Outside Counsel
High Court to Determine Scope of Federal Preemption Under SLUSA
New York Law Journal
February 15, 2006
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