Wells Fargo v. SEB Investment Management
Court: U.S. Court of Appeals (Ninth Circuit) (Rule 23(f) petition) Amicus Issue: Whether class action plaintiffs can satisfy the requirements…
CenturyLink v. Houser
Court: Colorado Supreme Court Amicus Issue: Whether C.R.C.P. 11 (which is identical to Fed.R.Civ.P. 11), which imposes a non-delegable duty…
Tech Mahindra (Americas) v. Williams
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether the mere submission of a proposed amended complaint…
Rossi and Stevenson v. Becker
Court: U.S. Court of Appeals (Ninth Circuit) Amicus Issue: Whether the “related to” bankruptcy removal provision in Section 1452(a) of…
BPI, et al. v. Federal Reserve
Court: U.S. District Court (S.D. Ohio) Amicus Issue: Whether the Federal Reserve’s stress testing framework lacks adequate transparency and public…
In re The Boeing Company Securities Litigation
Court: U.S. Court of Appeals (Fourth Circuit) (Rule 23(f) petition) Amicus Issue: Whether class action plaintiffs can satisfy the requirements…
State of Texas, et al. v. BlackRock, et. al.
Court: U.S. District Court (E.D. Texas) Amicus Issue: Whether passive investors could be in violation of Section 7 of the…
Ryan LLC, et al. v. FTC
Court: U.S. Court of Appeals (Fifth Circuit) Amicus Issue: Whether the FTC exceeded its statutory authority under the FTC Act…
Bitounis v. Interactive Brokers LLC
Court: Ohio Supreme Court Amicus Issue: Whether a broker-dealer or banker may be held liable under Ohio’s aiding and abetting…
Shafer v. Morgan Stanley
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether employees can retrospectively recast deferred compensation programs as “ERISA plans”…
Properties of the Village v. FTC
Court: U.S. Court of Appeals (Eleventh Circuit) Amicus Issue: Whether the FTC exceeded its statutory authority under the FTC Act…
Nasdaq and Cboe v. SEC
Court: U.S. Court of Appeals (D.C. Circuit) Amicus Issue: Whether it would be proper to sever the minimum tick-size amendments…
Proposed Amendments to FRAP 29 (Amicus Curiae Briefs)
SIFMA provided comments to the Judicial Conference Committee on Rules of Practice and Procedure’s proposed amendments to Federal Rule of…
Hunt v. PwC
Court: U.S. Court of Appeals (Ninth Circuit) Amicus Issue: Whether and under what circumstances auditors’ opinions are actionable under Section…
FS Credit Opportunities Corp. v. Saba Capital Master Fund
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether Section 47(b) of the Investment Company Act of…
Ezrasons, Inc. v. Barclays PLC
Court: New York Court of Appeals Amicus Issue: Whether, and the extent to which, derivative actions against non-U.S. companies can…
Haussmann v. Bayer AG
Court: New York Court of Appeals Amicus Issue: Whether, and the extent to which, derivative actions against non-U.S. companies can…
American Securities Assoc. and Citadel Securities v. SEC
Court: U.S. Court of Appeals (Eleventh Circuit) Amicus Issue: Whether the court should grant injunctive relief to prevent SROs from…
National Collegiate Master Student Loan Trust v. CFPB
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether, under the Consumer Financial Protection Act, the defendants,…
Bitounis v. Interactive Brokers LLC
Court: Ohio Supreme Court Amicus Issue: Whether a broker-dealer or banker may be held liable under Ohio’s aiding and abetting…
Oppenheimer v. Mitchell
Court: U.S. Court of Appeals (Ninth Circuit) Amicus Issue: Whether claimants, who invested in a private equity fund operated as…
NVIDIA Corp. v. E. Ohman
Court: U.S. Supreme Court Amicus Issue: Whether plaintiffs seeking to allege scienter under the Prviate Securities Litigation Reform Act based…
Facebook Inc. v. Amalgamated Bank
Court: U.S. Supreme Court Amicus Issue: Whether risk disclosures are false or misleading when they do not discuss past instances…
Properties of the Village v. FTC
Court: U.S. District Court (M.D. Florida) Amicus Issue: Whether the FTC exceeded its statutory authority under the FTC Act by…
ATS Tree Services v. FTC
Court: U.S. District Court (E.D. Pennsylvania) Amicus Issue: Whether the FTC exceeded its statutory authority under the FTC Act by…
Bank of America. v. U.S.
Court: U.S. Court of Appeals (Fourth Circuit) Amicus Issue: Whether Section 6621(d) of the Internal Revenue Code (which provides that…
Ryan LLC, et al. v. FTC
Court: U.S. District Court (N.D. Texas) Amicus Issue: Whether the FTC exceeded its statutory authority under the FTC Act by…
LKQ Corporation v. Rutledge
Court: Delaware Supreme Court Amicus Issue: Whether the Delaware Supreme Court’s holding in Cantor Fitzgerald precludes reviewing forfeiture-for-competition provisions for…
Facebook, Inc. v. Amalgamated Bank
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether risk disclosures are false or misleading when they…
MFA, et al. v. SEC
Court: U.S. Court of Appeals (Fifth Circuit) Amicus Issue: Whether the SEC’s securities lending and short reporting rules are arbitrary…
Eccles v. Shamrock Capital Advisors
Court: New York Court of Appeals Amicus Issue: Whether the “internal affairs doctrine” which holds that a company’s place of…
In re: FirstEnergy Corporation
Court: U.S. Court of Appeals (Sixth Circuit) Amicus Issue: Whether the Affiliated Ute presumption of reliance applies only to claims…
SIFMA Supports Litigation of the CAT Funding Model
Washington, D.C., February 15, 2024 – In an amicus brief filed today, SIFMA outlines its support of the litigation brought…
American Securities Assoc.; Citadel Securities v. SEC
Court: U.S. Court of Appeals (Eleventh Circuit) Amicus Issue: Whether the two-thirds one-third allocation between industry members and the participant…
Puerto Rico Electric Power Authority v. Assured Guaranty
Court: U.S. Court of Appeals (First Circuit) Amicus Issue: Whether a “pledge” of revenue is merely an unsecured promise. Whether…
Macquarie Infrastructure Corp. v. Moab Partners, L.P.
Court: U.S. Supreme Court Amicus Issue: Whether the failure to disclose a trend or uncertainty pursuant to Item 303 of…
Petroleos de Venezuela S.A. v. MUFG Union Bank, N.A.
Court: New York Court of Appeals Amicus Issue: (1) Given PDVSA’s argument that the Governing Documents are invalid and unenforceable…
NAPFM, et al. v. SEC
Court: U.S. Court of Appeals (Fifth Circuit) Amicus Issue: Whether the SEC’s private funds adviser rule: (i) exceeds the SEC’s…
Kelley v. BMO Harris Bank N.A.
Court: U.S. Court of Appeals (Eighth Circuit) Amicus Issue: Whether the “substantial assistance” and causation elements of aiding-and-abetting liability may…
Camelot Event Driven Fund v. Morgan Stanley, et al.
Court: New York Supreme Court (Appellate Division) Amicus Issue: Whether securities underwriters have a duty to conduct due diligence on…
Wildman, et al. v. Deutsche Bank, et al.
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether secondary liability of banks based on the actions of their…
Murray v. UBS
Court: U.S. Supreme Court Amicus Issue: Whether liability for retaliation under the Sarbanes-Oxley Act requires proof of retaliatory intent. Counsel…
Cantor Fitzgerald, LP v. Ainslie
Court: Delaware Supreme Court Amicus Issue: Whether conditions imposed on post-withdrawal payments that a limited partner has accepted in exchange…
Macquarie Infrastructure Corp. v. Moab Partners, L.P.
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether the failure to disclose a trend or uncertainty…
Kahle v. Cargill, Inc.
Court: U.S. District Court (S.D.N.Y) (petition for interlocutory review) Amicus Issue: Whether the federal Bankruptcy Code safe harbor for payments…
Schwab v. Guerrero
Court: Washington Supreme Court (petition for review) Amicus Issue: Whether the standard for finding evident bias in a FINRA arbitrator…
In re Fairfield Sentry
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether foreign liquidators can sue in the United States to avoid…
In re: FirstEnergy Corporation
Court: U.S. Court of Appeals (Sixth Circuit) (Rule 23(f) petition) Amicus Issue: Whether the Affiliated Ute presumption of reliance applies…
Slack Technologies v. Pirani
Court: U.S. Supreme Court Amicus Issue: Whether an investor who purchases securities in a direct listing in which registered and…
In re Grand Jury
Court: U.S. Supreme Court Amicus Issue: Whether a communication involving both legal and non-legal advice is protected by attorney-client privilege…
In re Brazos Electric Power Cooperative
Court: U.S. Bankruptcy Court (S.D. Texas) Amicus Issue: Whether, under the terms of the 1992 Master ISDA, the counterparties are…
Klein v. TD Ameritrade Holding Corporation, et al.
Court: U.S. Court of Appeals (Eight Circuit) (Rule 23(f) petition) Amicus Issue: Whether Fed.R.Civ.P. 23(b)(3)’s predominance and superiority requirements can…
Slack Technologies v. Pirani
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether an investor who purchases securities in a direct…
CFPB v. National Collegiate Master Student Loan Trust
Court: U.S. Court of Appeals (Third Circuit) Amicus Issue: Whether, under the Consumer Financial Protection Act, the defendants, which are…
Kirschner v. JP Morgan
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether a syndicated term loan constitutes a security and is thereby…
Arkansas Teacher Retirement System v. Goldman Sachs Group, Inc.
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: Whether the court erroneously certified an investor class…
Funko, Inc. v. Lowinger
Court: Washington Supreme Court Amicus Issue: Whether the Court of Appeals misinterpreted and misapplied the federal law standard for opinion…
Jagged Peak Energy, et al. v. Oklahoma Police Pension & Retirement System
Court: Colorado Supreme Court Amicus Issue: Whether the Colorado court of appeals departed from federal caselaw on the Securities Act…
The Atlanta Opera, Inc. v. Make-up Artists and Hair Stylists Union, Local 798
Court: National Labor Relations Board Amicus Issue: Whether NLRB should adhere to the independent-contractor standard in SuperShuttle DFW, Inc., 367…
Lyman v. J.P. Morgan Chase & Co.
Court: New York Supreme Court (App. Div. First Dep’t) Amicus Issue: Whether a claim for breach of bailment contract accrues…
Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: Whether the court erroneously certified an investor class…
Alphabet Inc., et al. v. State of Rhode Island, et al.
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether a company that describes in the “risk disclosure”…
Patel v. 7-Eleven
Court: Massachusetts Supreme Judicial Court Amicus Issue: Whether the three-prong test for independent contractor status set forth in Mass. Gen.…
Edward D. Jones & Co., L.P., et al. v. Edward Anderson, et al.
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether applicability of the class action bar under the…
Pirani v. Slack Technologies
Court: U.S. Court of Appeals (Ninth Circuit) (pet. for rehearing en banc) Amicus Issue: Whether an investor who purchases securities…
FGIC
Court: Puerto Rico Appeals Court Amicus Issue: Whether plaintiffs claim that they reasonably relied upon the due diligence conducted by…
Hughes v. Northwestern University
Court: U.S. Supreme Court Amicus Issue: Whether allegations that a defined-contribution retirement plan paid or charged its participants fees that substantially…
Ambac Assurance Corporation
Court: Puerto Rico Appeals Court Amicus Issue: Whether plaintiffs claim that they reasonably relied upon the due diligence conducted by…
McCarthy v. Intercontinental Exchange
Court: U.S. District Court (N.D. Cal.) Amicus Issue: Whether an industry’s establishment of a financial benchmark, such as LIBOR, and…
Badgerow v. Walters
Court: U.S. Supreme Court Amicus Issue: Whether the “look through” approach to assessing federal subject matter jurisdiction applies to petitions to…
Pivotal Software, Inc., et al. v. Superior Court of California, et al.
Court: U.S. Supreme Court Amicus Issue: Whether the PSLRA’s automatic discovery-stay provision – which stays all discovery in “any private action…
J.P. Morgan Securities v. Vigilant Insurance Co.
Court: New York Court of Appeals Amicus Issue: Whether it was proper for the Appellate Division to apply the Kokesh decision…
Haley v. TIAA
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether plaintiffs satisfied their evidentiary burden for ERISA class certification of…
National Public Finance Guarantee Corporation, et al. v. UBS Financial Services Inc., et al
Court: Puerto Rico Appeals Court Amicus Issue: Whether plaintiffs claim that they reasonably relied upon the due diligence conducted by…
Robinhood Financial, LLC v. Massachusetts Securities Division, et al.
Court: Massachusetts Superior Court Amicus Issue: Whether application of the Massachusetts fiduciary rule is limited, as is SEC Regulation Best…
In re Fairfield Sentry Ltd.
Court: U.S. District Court (S.D.N.Y.) (petition for interlocutory appeal) Amicus Issue: Whether the U.S. Bankruptcy code safe harbor applies to…
Pivotal Software, Inc., et al. v. Zhung Tran, et al.
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether the PSLRA’s automatic discovery-stay provision – which stays all…
Citibank, N.A. v. Brigade Capital Management, LP, et al.
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether the "discharge-for-value defense" under New York law allows lenders to retain…
BofI Holdings, Inc. v. Houston Municipal Employees Pension System
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether unsubstantiated public allegations about an issuer or its business,…
New York Stock Exchange LLC, et al. v. Securities and Exchange Commission
Court: U.S. Court of Appeals (D.C. Circuit) Amicus Issue: Whether companies that are affiliates of, but separate from, national securities…
Home Equity Mortgage Trust Series 2006-1 et al. v. DLJ Mortgage Capital, Inc. (“HEMT”) and U.S. Bank Nat’l Ass’n v. DLJ Mortgage Capital, Inc. (“HEAT 2007-1”)
Court: New York Court of Appeals Amicus Issue: Whether the doctrine of “relation back” permits plaintiffs to proceed on repurchase…
Walters, et al. v. J.P. Morgan Chase & Co., et al.
Court: U.S. District Court (E.D. Michigan) Amicus Issue: Whether municipal bond underwriters are potentially liable for any harms caused by the…
Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System
Court: U.S. Supreme Court Amicus Issue: Whether the court erroneously certified an investor class based solely on the type of…
The NASDAQ Stock Market LLC, et al. v. Securities and Exchange Commission
Court: U.S. Court of Appeals (District of Columbia) Amicus Issue: Whether the SEC has authority to grant non-SRO's voting power…
M&T Bank Corp. v. Jaroslawicz
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether Item 105 of Regulation S-K, which obligates public…
Haley v. TIAA
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: Whether plaintiffs satisfied their evidentiary burden for ERISA…
McCarthy v. Intercontinental Exchange
Court: U.S. District Court (N.D. Cal.) Amicus Issue: Whether an industry’s establishment of a financial benchmark, such as LIBOR, and…
In re Southwestern Energy Company
Court: Texas Supreme Court (petition for writ of mandamus) Amicus Issue: Whether Texas state courts will apply federal precedent in…
In re: Bernard L. Madoff Investment Securities
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether, in a SIPA liquidation, a subsequent transferee’s good faith under…
In re: The Financial Oversight and Management Board for Puerto Rico
Court: U.S. Court of Appeals (First Circuit) Amicus Issue: Whether the security or property interest of bondholders and the monolines…
Pirani v. Slack Technologies
Court: U.S. Court of Appeals (Ninth Circuit) Amicus Issue: Whether an investor who purchases securities in a direct listing in…
Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System
Court: U.S. Supreme Court (pet. for writ of cert.) Amicus Issue: Whether the court erroneously certified an investor class based…
SIFMA Files Suit Seeking to Vacate SEC’s Temporary Conditional Exemption for Municipal Advisors
Washington, D.C., August 14, 2020 – SIFMA today filed a suit seeking to vacate the Securities and Exchange Commission’s Order…
Honea v. Raymond James Financial Services
Court: Alabama Supreme Court Amicus Issue: Whether there is a private cause of action for a violation of FINRA rules.…
In re: Volkswagen “Clean Diesel” Marketing, Sales Practices, and Product Liability Litigation
Court: U.S. Court of Appeals (Ninth Circuit) Amicus Issue: Whether the Affiliated Ute presumption can apply where a complaint alleges…
Raymond James Financial Services v. Armijos
Court: U.S. Court of Appeals (Eleventh Circuit) Amicus Issue: Whether claimants are “customers” of RJFS’s formerly associated person for purposes…
Jander v. Retirement Plans Committee of IBM
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether Fifth Third Bancorp. v. Dudenhoeffer’s “more harm than good” pleading…
In re Goldman Sachs Securities Litigation
Court: U.S. Court of Appeals (Second Circuit) (pet. for rehearing en banc) Amicus Issue: Whether the court erroneously certified an…
In re Chicago Bridge & Iron Company N.V. Securities Litigation
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition) Amicus Issue: Whether securities class action defendants should be afforded…
State of New York, et al. v. SEC
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether the SEC exceeded its authority in adopting Reg BI instead…
In re: Volkswagen “Clean Diesel” Marketing, Sales Practices, and Product Liability Litigation
Court: U.S. Court of Appeals (Ninth Circuit) (in support of interlocutory appeal) Amicus Issue: Whether the Affiliated Ute presumption can…
Isaiah v. JPMorgan Chase Bank
Court: U.S. Court of Appeals (Eleventh Circuit) Amicus Issue: Whether a court appointed receiver for a Ponzi entity may sue…
Liu v. SEC
Court: U.S. Supreme Court Amicus Issue: Whether the SEC may seek and obtain disgorgement from a court as “equitable relief” for…
J.P. Morgan Securities v. Vigilant Insurance Co.
Court: New York Court of Appeals (in support of motion for leave to appeal) Amicus Issue: Whether it was proper for…
Deutsche Bank National Trust Company v. Morgan Stanley Mortgage Capital Holdings
Court: New York Court of Appeals Amicus Issue: Whether a plaintiff may circumvent a sole remedy provision within a pooling…
Assured Guaranty Corp. v. Puerto Rico
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether Bankruptcy Code Section 928(a), which provides that post-petition…
HSBC Holdings PLC, et al. v. Irving H. Picard, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether (i) the avoidance/recovery provisions of the Bankruptcy Code permit…
Intel Corp. Investment Policy Committee v. Sulyma
Court: U.S. Supreme Court Amicus Issue: Whether the three-year limitations period in Section 413(2) of the Employee Retirement Income Security…
Retirement Plans Committee of IBM v. Jander
Court: U.S. Supreme Court Amicus Issue: Whether Fifth Third Bancorp. v. Dudenhoeffer’s “more harm than good” pleading standard can be…
Aliberti v. UBS Financial Services
Court: Massachusetts Supreme Court Amicus Issue: Whether a broker-dealer owes a fiduciary duty to the beneficiary of an Individual Retirement…
Ford v. TD Ameritrade, et al.
Court: Ford v. TD Ameritrade, et al. U.S. Court of Appeals (Eight Circuit) Amicus Issue: Whether Fed.R.Civ.P. 23(b)(3)’s predominance and…
Emulex Corporation v. Varjabedian
Court: U.S. Supreme Court Amicus Issue: Whether the liability standard for challenging alleged misstatements or omissions in connection with a…
In re Goldman Sachs Securities Litigation
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether the court erroneously certified an investor class based solely on…
U.S. v. Pacilio
Court: U.S. District Court (N.D. Illinois) Amicus Issue: Whether making a valid offer to trade on an open market would…
Putnam Investments, LLC v. Brotherston
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether an ERISA plaintiff bears the burden of proving that…
U.S. v. Vorley
Court: U.S. District Court (N.D. Ill.) Amicus Issue: Whether the federal FIRREA wire fraud statute (which has a ten-year state of…
University of Southern California v. Munro
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether an agreement to arbitrate “all claims” that an…
AER Advisors v. Fidelity Brokerage Services
Court: U.S. Court of Appeals (First Circuit) Amicus Issue: Whether the safe harbor provision of the Bank Secrecy Act provides…
Toshiba Corporation v. Automotive Industries Pension Trust Fund, et al.
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether a foreign issuer with no presence in U.S.…
U.S. Bank NA v. DLJ Mortgage Capital
Court: New York Court of Appeals Amicus Issue: Whether repurchase suits initiated on the last day of the limitations period…
Allen, et al. v. Wells Fargo & Co., et al.
Court: U.S. Court of Appeals (Eighth Circuit) Amicus Issue: Whether the U.S. Supreme Court’s decision in Fifth Third Bancorp. V.…
Obduskey v. Mccarthy & Holthus LLP
Court: U.S. Supreme Court Amicus Issue: Whether the FDCPA applies to the enforcement of security interests on property through non-judicial foreclosure…
Emulex Corporation v. Varjabedian
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether the liability standard for challenging alleged misstatements or omissions…
TD Ameritrade, et al. v. Ford
Court: U.S. Court of Appeals (Eighth Circuit) (Rule 23(f) petition) Amicus Issue: Whether Fed.R.Civ.P. 23(b)(3)’s predominance and superiority requirements can…
First Solar v. Mineworkers’ Pension Scheme
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether a securities-fraud plaintiff in a fraud-on-the-market case may…
Goldman Sachs Securities Litigation
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether the court erroneously certified an investor class based solely on…
Lorenzo v. SEC
Court: U.S. Supreme Court Amicus Issue: Whether a misstatement claim that does not meet the elements set forth in Janus…
Assured Guaranty Corp. v. Puerto Rico
Court: U.S. Court of Appeals (First Circuit) Amicus Issue: Whether Bankruptcy Code Section 928(a), which provides that post-petition pledged special…
Complaint Filed in the U.S. District Court for the State of Texas on DOL’s Fiduciary Rule
The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Greater Irving-Las Colinas’ Chamber of Commerce, Humble Chamber of…
Ambac Assurance Corp. v. Countrywide Home Loans
Court: New York Court of Appeals Amicus Issue: Whether a financial guaranty insurer asserting common-law contract and fraud claims is…
In Re: Irving H. Picard, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether the avoidance and recovery provisions of the Bankruptcy Code permit…
The Goldman, Sachs Group, Inc., et al. v. Chen-Oster, et al.
Court: U.S. Court of Appeals (Second Circuit) (Rule 23(f) petition for interlocutory review) Amicus Issue: Whether the bare fact that…
Choi, et al. v. Tower Research Capital LLC, et al.
Court: U.S. Court of Appeals (Second Circuit) (petition for panel rehearing) Amicus Issue: Whether a plaintiff may adequately plead an…
Nomura Securities International, Inc., et al. v. FHFA
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether the so-called "extender" provision of the Housing and…
Barclays PLC, et al. v. Waggoner, et al.
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether a plaintiff must use an event study to…
Mineworkers’ Pension Scheme v. First Solar
Court: U.S. Court of Appeals (Ninth Circuit) Amicus Issue: Whether a securities-fraud plaintiff in a fraud-on-the-market case may plead and…
Quality Systems, Inc., et al. v. City of Miami Fire Fighters’ and Police Officers’ Retirement Trust, et al.
Court: U.S. Supreme Court(petition for writ of cert.) Amicus Issue: Whether the PSLRA safe harbor protects forward-looking statements accompanied by…
Prime International Trading Ltd. v. BP PLC
Court: U.S. Court of Appeals (Second Circuit) Amicus Issue: Whether plaintiffs may bring actions under the Commodity Exchange Act against…
FINRA Regulatory Notice 17-42
SIFMA provided comments to FINRA on Regulatory Notice 17-42, proposed amendments to the codes of arbitration relating to requests to…
China Agritech v. Resh
Court: U.S. Supreme Court Amicus Issue: Whether the rule of American Pipe and Construction Co. v. Utah tolls statutes of…
Brotherston et al. v. Putnam Investments, LLC et al.
Court: U.S. Court of Appeals (First Circuit) Amicus Issue: Whether the district court correctly determined that Plaintiffs failed to make…
Petrobras Securities Litigation
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether the court violated Halliburton II, misapplied the burden…
Ellis v. Fidelity Management Trust Co.
Court: U.S. Court of Appeals (First Circuit) Amicus Issue: Whether an inference of imprudent investment management under ERISA may be…
Willis v. Big Lots, Inc.
Court: U.S. Court of Appeals (Sixth Circuit) Amicus Issue: Whether the lower court misapplied Rule 23(b)’s predominance requirement by depriving…
DOJ’s Misuse of FIRREA
SIFMA urges the Department of Justice (“DOJ”) to reconsider its novel and unprecedented use of the Financial Institutions Reform, Recovery,…
Meiners v. Wells Fargo & Company, et al.
Court: U.S. Court of Appeals (Eighth Circuit) Amicus Issue: Whether an ERISA class action complaint can survive a motion to…
Provident Savings Bank v. McKeen-Chaplin
Court: U.S. Supreme Court (petition for writ of cert.) Amicus Issue: Whether mortgage underwriters are "administrative" employees exempt from the…
In re: Quality Systems, Inc. Securities Litigation
Court: U.S. Court of Appeals (Ninth Circuit) Amicus Issue: Whether the PSLRA safe harbor protects forward-looking statements accompanied by supporting…
Cyan, Inc. v. Beaver County Employees Retirement Fund
Court: Cyan, Inc. v. Beaver County Employees Retirement Fund Amicus Issue: Whether state courts retain concurrent jurisdiction over class action…
Amicus & Litigation Advisory Committee
SIFMA's Litigation Advisory Committee files amicus curiae legal briefs on behalf of SIFMA in cases that raise significant policy issues…
Leidos, f/k/a SAIC v. Indiana Public Retirement System
SIFMA submitted an Amicus "Friend of the Court" Brief. Court: U.S. Supreme Court Amicus Issue: Whether a claim for securities fraud under…
Lehman Brothers Special Financing v. Bank of America NA
SIFMA has submitted an Amicus "Friend of the Court" Brief. Court: U.S. District Court (S.D.N.Y.) Amicus Issue: Whether “flip clauses”…
CalPERS v. ANZ Securities
SIFMA has submitted an Amicus "Friend of the Court" Brief. Court: U.S. Supreme Court Amicus Issue: Whether the filing of…
Kokesh v. SEC
SIFMA has submitted an Amicus "Friend of the Court" Brief. Court: U.S. Supreme Court Amicus Issue: Whether the five-year statute…
U.S. Bank NA, as trustee v. Morgan Stanley Mortgage Capital Holdings
SIFMA has submitted an Amicus "Friend of the Court" Brief. Court: New York Court of Appeals Amicus Issue: Whether a…
HSBC Bank v. Nomura Credit & Capital
SIFMA has submitted an Amicus "Friend of the Court" Brief. Court: New York Court of Appeals Amicus Issue: Whether a…
Amicus Program: 2016 Year in Review
SIFMA files amicus briefs in court cases that raise significant issues that impact the financial services industry. Our briefs educate courts…
Co-Plaintiffs Support Complaint Filed in the U.S. District Court for the State of Texas on DOL’s Fiduciary Rule
The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Greater Irving-Las Colinas’ Chamber of Commerce, Insured Retirement Institute,…
Lawsuit Filed to Challenge New Department of Labor Rule That Prevents Financial Professionals from Best Serving Retirement Savers
Release Date: June 2, 2016 Contact: Carol Danko, 202-962-7390, [email protected] Lawsuit Filed to Challenge New Department of Labor Rule That…
Complaint Filed in the U.S. District Court for the State of Texas on DOL’s Fiduciary Rule
The U.S. Chamber of Commerce, Financial Services Institute, Financial Services Roundtable, Greater Irving-Las Colinas’ Chamber of Commerce, Insured Retirement Institute,…
In re Goldman Sachs Securities Litigation
Case Name and Court: In re Goldman Sachs Securities Litigation U.S. Court of Appeals (Second Circuit) Date Filed: May 4,…
Jefferson County, AL v. Andrew Bennett
SIFMA has submitted an Amicus "Friend of the Court" Brief. Court: U.S. Court of Appeals (Eleventh Circuit) (petition for permissive…
In re City of Detroit
SIFMA submitted an Amicus "Friend of the Court" Brief Court: U.S. Bankruptcy Court (E.D. Michigan) Amicus Issues: Whether the City…
The FINRA Proposed Change to Rule 8313 & the “Inability to Pay” Defense
SIFMA provides supplemental comments to the Securities and Exchange Commission (SEC) on a proposed change to Financial Industry Regulatory Authority…
FINRA Proposed Change to Rule 8313 & the “Inability to Pay” Defense
SIFMA provides comments to the SEC on a proposal to amend FINRA Rule 8313, which governs the release of disciplinary…
SIFMA – NetCoalition v SEC: Opening Brief of Petitioners
SIFMA and NetCoalition file an Opening Brief of Petitioners with the United States Court of Appeals for the District of…
In re Jefferson County, Alabama
SIFMA submitted an Amicus "Friend of the Court" Brief. Court: U.S. Bankruptcy Court (Northern District Alabama) Amicus Issue: Whether a…
SEC’s Study Regarding Extraterritorial Private Rights of Action
SIFMA and the Association for Financial Markets in Europe (AFME) provide comments to the Securities and Exchange Commission (SEC) on the…
FINRA’s Proposal Relating to Fiduciary Standard
SIFMA provides comments to the Financial Industry Regulatory Authority (FINRA) on FINRA's Concept Proposal that would require members to provide a disclosure…
GAO Study Regarding Dodd-Frank Wall Street Reform & Consumer Protection Act
SIFMA submits responses to six questions posed by the Government Accountability Office (GAO) on September 28, 2010, in connection with…
SEC v. Langford, et al. SIFMA Reply Brief
SIFMA has submitted an Amicus "Friend of the Court" Brief. Link to Securities and Exchange Commission v. Langford, et al.
Securities and Exchange Commission v. Langford Reply Brief
SIFMA Reply Brief in support of its motion for leave to file a brief Amicu Curiae See: Securities and Exchange Commission…
Exposure Draft Relating to Disclosure of Certain Loss Contingencies
The Litigation Advisory Committee of SIFMA provides comments to the Financial Accounting Standards Board (FASB) on Exposure Draft: Disclosure of Certain…
FINRA Proposal to Address Motions to Dismiss
The Arbitration Committee, the Litigation Advisory Committee, and the Clearing Firms Committee of SIFMA provide comments to the Securities and…
Motions to Decide Claims Before a Hearing on the Merits
The Arbitration and Litigation Committee of the Securities Industry Association (SIA)* provides comments to the Securities and Exchange Commission (SEC) on a…