United States Supreme Court
Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Dabit, 04-1371
A judgment vacating dismissal of a private securities fraud class action is reversed where the background, text, and purpose of the Securities Litigation Uniform Standards Act's (SLUSA) pre-emption provision demonstrated that SLUSA pre-empts state-law holder class-action claims of the kind plaintiff alleged.
Appellate Information
- Decided 03/21/2006
- Published 03/21/2006
Judges
Court
- United States Supreme Court