SLUSA's Broad Definition of 'Covered Class Action'

, New York Law Journal


In their Southern District Civil Practice Roundup, Edward M. Spiro and Judith L. Mogul of Morvillo Abramowitz Grand Iason & Anello write: Defining SLUSA's reach has been a continual battleground between plaintiffs and defendants, the latest front of which concerns the question of what constitutes a "covered class action" under SLUSA, with courts giving that threshold term a surprisingly expansive meaning.

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