United States Seventh Circuit

In a breach of contract action involving securities, district court's denial of motion to remand and judgment in favor of defendant is affirmed where: 1) the plaintiff's claim about the misconduct of defendant's employees in regards to securities trades was a securities law issue and the proceeding belonged in federal court under the Securities Litigation Uniform Standards Act; and 2) plaintiff filed suit after the federal statute of limitations had run and was unable to show injury.

Appellate Information

• Argued 01/20/2009
• Decided 02/23/2009
• Published 02/23/2009

Judges

• EASTERBROOK, Chief Judge., Before EASTERBROOK, Chief Judge, SYKES, Circuit Judge, and KENDALL, District Judge.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Steven A. Katz, Attorney (argued), Korein Tillery, St. Louis, MO, for Plaintiffs-Appellants.


• For Appellees:
  
• Rebecca R. Jackson, Attorney, Bryan Cave, St. Louis, MO, Stephen M. Shapiro, Attorney (argued), Mayer Brown LLP, Chicago, IL, for Defendants-Appellees.