Nomura Securities International, Inc., et al. v. FHFA
Published on:
April 13, 2018
Committee:
Court:
U.S. Supreme Court (petition for writ of cert.)
Amicus Issue:
Whether the so-called “extender” provision of the Housing and Economic Recovery Act of 2008 (HERA) extends the applicable three-year statute of repose for claims brought under Sections 11 and 12 of the Securities Act of 1933, thereby allowing a federal agency to proceed with claims brought four to six years after the relevant securities were purchased.
Counsel of Record:
Kramer Levin Naftalis & Frankel LLP
Michael J. Dell
Karen S. Kennedy
Other Amici:
None.