Luther, et al. v. Countrywide Financial Corp., et al.
Published on:
July 21, 2011
SIFMA submitted an Amicus “Friend of the Court” Brief.
Court:
California Supreme Court
Amicus Brief Issue:
Whether class action cases which raise pure 1933 Act claims (unaccompanied by state law claims) are removable under the Securities Litigation Uniform Standards Act (SLUSA), or whether state courts retain concurrent jurisdiction over such claims and they are non-removable.
Counsel of Record:
Willkie Farr & Gallagher LLP
Richard Bernstein
Other Amici on SIFMA’s Brief:
U.S. Chamber of Commerce