பார்க்க விஷயம் ஆஃப் கிரீன்ஸ்கி இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from பார்க்க விஷயம் ஆஃப் கிரீன்ஸ்கி இன்க். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In பார்க்க விஷயம் ஆஃப் கிரீன்ஸ்கி இன்க் Today - Breaking & Trending Today

First Department Issues First Ruling Dismissing Securities Act Claims Following the U.S. Supreme Court's Cyan Decision | Patterson Belknap Webb & Tyler LLP


As New York commercial practitioners will recall, the U.S. Supreme Court in
Cyan, Inc. v. Beaver Cty. Emps. Ret. Fund held that state and federal courts have concurrent jurisdiction over class actions alleging violations of only the Securities Act of 1933 (the “1933 Act”) and, further, that defendants in such suits filed in state court cannot remove those actions to federal court to avoid state-court jurisdiction.[1]  Not surprisingly, this development has led to an increase in the filing of securities claims in state courts.
In the nearly two-and-a-half years since
Cyan, New York courts and the Commercial Division in particular have asserted their role in securities litigation under the 1933 Act.  For example, as this blog previously covered here and here, Commercial Division justices have denied motions filed by defendants seeking to stay state-court actions pending resolution of later-filed federal securities actions.  Those decisions reasoned, ....

New York , United States , Beaver Cty , See Matter Of Greensky Inc , First Department , Cyan Inc , Division Justice Jenniferg Schecter , Us Supreme Court , T Inc , Appellate Division , Ruhnn Holdings Ltd , Patterson Belknap Webb Tyler , First Department Lyu , Patterson Belknap Webb , Securities Act , Commercial Division , Commercial Division Justice Jennifer , Holdings Ltd , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , பீவர் சிட்டி , பார்க்க விஷயம் ஆஃப் கிரீன்ஸ்கி இன்க் , முதல் துறை , சியான் இன்க் , எங்களுக்கு உச்ச நீதிமன்றம் , டி இன்க் ,