Home Menu ↓
Clicking on our sponsor links helps insure continued free access to this website.
Please support our efforts by visiting our sponsors:

 

PROSKAUER ROSE LLP v. TROICE

Docket No.: 12-88
Certiorari Granted: Jan 18 2013
Argued: October 7, 2013
Consolidated with: 12-7912-86

PartyNames: Proskauer Rose LLP v. Samuel Troice, et al.
Petitioner: Proskauer Rose LLP
Respondent: Samuel Troice, et al.

Court Below: United States Court of Appeals for the Fifth Circuit
Citation: 675 F.3d 503
Supreme Court Docket

Proskauer Rose LLP
v.
Samuel Troice, et al.
Consideration Limited:

LIMITED TO QUESTION 1 PRESENTED BY THE PETITION.

Question Presented:

1. Does the Securities Litigation Uniform Standards Act of 1998 ("SLUSA"), 15 U.S.C. ยงยง 77p(b), 78bb(f)(1), prohibit private class actions based on state law only where the alleged purchase or sale of a covered security is "more than tangentially related" to the "heart, crux or gravamen" of the alleged fraud? 2. Does SLUSA preclude a class action in which the defendant is sued for aiding and abetting fraud, but a non-party, rather than the defendant, made the only alleged misrepresentation in connection with a covered securities transaction?

PROSKAUER ROSE LLP v. TROICE
ORAL ARGUMENT

October 7, 2013

PROSKAUER ROSE LLP v. TROICE Oral Argument Transcript (PDF)
Database Connection failed: SQLSTATE[HY000] [1045] Access denied for user 'restauz8_sophi'@'localhost' (using password: YES)