No. 84 Employer-Teamster Joint Council Pension Trust Fund v. America West Holding Corp.
Published on:
March 13, 2003
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals (Ninth Circuit)
Amicus Issue:
Whether the absence of any market reaction to a disclosure in the form of a stock price drop is fatal to a plaintiff invoking “fraud-on-the-market” to establish reliance and materiality as elements of their Section 10(b) claim.
Counsel of Record:
Latham & Watkins LLP
505 Mongomery St., Suite 1900
San Francisco, CA 94111
Charles Stephen Treat
Latham & Watkins LLP
2 Freedom Square, Suite 500
11955 Freedom Drive
Reston VA 20190
Laurie B. Smilan
J. Christian Word