North Sound Capital v. Merck
Published on:
April 14, 2016
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals
(Third Circuit)
Amicus Issue:
Whether the five-year statute of repose applicable to claims under Section 10(b) is subject to tolling under the American Pipe doctrine, or whether it provides defendants with a substantive right to be free from prospective liability after the specified period, such that it cannot be tolled.
Counsel of Record:
Cleary Gottlieb Steen & Hamilton LLP
Lewis J. Liman
Jared M. Gerber
Other Amici:
None.