United States Ninth Circuit

State law fraud claims relating to employee stock options are preempted by the Securities Litigation Uniform Standards Act of 1998 (SLUSA), 15 U.S.C. sections 77p, 78bb(f)(1)-(2), where the alleged fraud took place "in connection with the purchase or sale of a covered security" under SLUSA.

Appellate Information

• Argued 08/14/2002
• Decided 10/29/2002
• Published 10/29/2002

Judges

• McKEOWN, Circuit Judge., Before: HALL, KOZINSKI, and McKEOWN, Circuit Judges.

Court

• United States Ninth Circuit

Counsel

• For Appellant:
  
• Neal A. Dublinsky,Lionel Z. Glancy, Glancy & Binkow LLP, Los Angeles, CA, for the appellants.


• For Appellees:
  
• James K. Langdon II, Andrew Holly, Dorsey & Whitney LLP, Minneapolis, MN, for the appellees.