Federal Reserve Hints at Government-Backed Cryptocurrency | Goodwin
IN THIS ISSUE Federal Reserve Hints at Government-Backed Cryptocurrency; Third Circuit Affirms Dismissal of Securities Fraud Class Action Against Shutterfly Inc. Regarding Allegedly Misleading Financial Projections; Ninth Circuit Holds Federal Loss Causation Standard Not Met in Investor’s State Law Securities Action Against Uber; Taking Judicial Notice of SEC Cease and Desist Order, District of Maryland Denies Under Armour’s Bid to Dismiss Investor Securities Suit. ___ FEDERAL RESERVE HINTS AT GOVERNMENT-BACKED CRYPTOCURRENCY On May 24, 2021, Lael Brainard, a member of the Board of Govern...