Stichting and Progressive Insurance Cases

SIFMA submitted an Amicus “Friend of the Court” Brief.

Court:

U.S. Court of Appeals

(Ninth Circuit)

Amicus Issue: 

Whether the District Court erred in holding that American Pipe tolling was not available for Plaintiffs’ 1933 Act claims.  Whether the District Court erred in holding that Plaintiffs were on notice of and capable of pleading their state law fraud claims more than three years before the filing of their complaints and their federal fraud and state negligent misrepresentation and Blue Sky claims more than two years before the filing of their complaints.

Counsel of Record: 

Cleary Gottlieb Steen & Hamilton LLP

Mitchell A. Lowenthal

Lewis J. Liman

Jared M. Gerber

Other Amici:

None.