Financial Security Assurance v. Stephens
Published on:
May 11, 2005
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals (Eleventh Circuit)
Amicus Issue:
Whether a financial guaranty insurer has standing to assert a claim under Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C §78j(b) and Rule 10b-5, 17 C.F.R. §240.10b-5, as a “purchaser” of the bonds it has insured.
Counsel of Record:
Morgan, Lewis & Bockius LLP
101 Park Avenue
New York, NY 10178
John M. Vassos
Jeffrey D. Brooks