SIFMA has submitted an Amicus “Friend of the Court” Brief.

Court:

U.S. Supreme Court

Amicus Issue:

Whether the filing of a putative class action serves, under the American Pipe & Construction Co. v. Utah rule, to satisfy the three-year time limitation in Section 13 of the Securities Act with respect to the claims of putative class members (Question granted in Public Employees’ Retirement System of Mississippi v. IndyMac MBS, Inc.).

Counsel of Record:

Gibson, Dunn & Crutcher LLP

Mark A. Perry
David A. Schnitzer

Other Amici:

The Clearing House Association