Supreme Court Rejects Extraterritorial Reach of Section 10(b) in Foreign Cubed Case | Practical Law

Supreme Court Rejects Extraterritorial Reach of Section 10(b) in Foreign Cubed Case | Practical Law

An update on the US Supreme Court's opinion in Morrison v. National Australia Bank affirming the Second Circuit's dismissal of the foreign cubed case.

Supreme Court Rejects Extraterritorial Reach of Section 10(b) in Foreign Cubed Case

Practical Law Legal Update 4-502-6248 (Approx. 3 pages)

Supreme Court Rejects Extraterritorial Reach of Section 10(b) in Foreign Cubed Case

by PLC Corporate & Securities
Published on 24 Jun 2010USA (National/Federal)
An update on the US Supreme Court's opinion in Morrison v. National Australia Bank affirming the Second Circuit's dismissal of the foreign cubed case.