United States Supreme Court
Credit Suisse Sec. (USA) LLC v. Billing, 05-1157
In a suit brought by a group of investors alleging that petitioners-investment banks, acting as underwriting firms, violated antitrust laws when they formed syndicates to help execute initial public offerings (IPOs) for hundreds of technology-related companies, a court of appeals' decision reversing dismissal of the complaints is reversed as federal securities law implicitly precludes the application of the antitrust laws to the conduct alleged in the case.
Appellate Information
- Decided 06/18/2007
- Published 06/18/2007
Judges
Court
- United States Supreme Court