In re Lehman Brothers Securities and ERISA Litigation
Published on:
February 13, 2013
SIFMA submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals
(Second Circuit)
(Rule 23(f) petition)
Amicus Issues:
Whether the district court erred in certifying a Section 11 case as a class action where the prospectus disclosed the key facts to readers and, therefore, issues of class member knowledge required individualized inquiries into which class members knew of the facts disclosed in the prospectus.
Counsel of Record:
Simpson Thacher & Bartlett LLP
Thomas C. Rice
Alan Turner
Other Amici:
None.