Global Landscape Continues to Evolve in the Wake of Morrison Decision
The Morrison v. National Australia Bank case changed the global landscape for class action recoveries. In June, 2010, the U.S. Supreme Court ruled that securities traded outside the U.S. are no longer within U.S. jurisdiction, effectively barring investors who purchased securities on a foreign exchange from filing U.S. class actions.
An important consequence of the decision has been the increased time and attention investors need to allocate towards evaluating potential litigation in non-U.S. jurisdictions.
What you will learn:
