Citigroup Inc. v. AHW Investment Partnership
Published on:
January 19, 2016
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
Supreme Court of Delaware
Amicus Issue:
Whether “holder” claims (i.e., claims that a plaintiff refrained from selling a security in reliance on alleged misstatements) are derivative in nature under Delaware law and thus, must be dismissed for lack of standing.
Counsel of Record:
Skadden, Arps, Slate, Meagher & Flom LLP
Jay B. Kasner
Paul J. Lockwood
Elisa M.C. Klein
Other Amici:
None.