United States Third Circuit

Plaintiffs' class suit, alleging defendant's dissemination of "biased investment research" breached the parties' services contract, is preempted by the Securities Litigation Uniform Standards Act.

Appellate Information

• Argued 10/28/2004
• Decided 02/16/2005
• Published 02/16/2005

Judges

• Before SCIRICA, Chief Judge, FISHER and GREENBERG, Circuit Judges.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• Ira N. Richards, (Argued), Trujillo Rodriguez & Richards, LLC, Philadelphia, Roberta D. Liebenberg, Arthur M. Kaplan, Fine Kaplan & Black, Philadelphia, Michael J. Boni, Kohn Swift & Graf, P.C., Philadelphia, for Appellant.


• For Appellees:
  
• Richard A. Rosen, (Argued), Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, Joseph G. Ferguson, Rosenn, Jenkins & Greenwald, L.L.P., Scranton, for Appellee.