S&C litigation partners
Robert Giuffra and
Matt Schwartz and associate Brendan Hammond co-authored an article titled, “
Recent Supreme Court Decisions Complicate US Securities Litigation” in a Euromoney publication. In the article, the authors examined recent and then-pending decisions before the Court:
Cyan, Inc. v
Beaver Cty. Employees Ret. Fund,
CaIPERS v.
ANZ Securities and
Lorenzo v.
SEC. In summarizing the major points of
Cyan and
ANZ Securities, the authors concluded that the decisions will likely make U.S. securities litigation more inconvenient for defendants, particularly in Securities Act cases.