Angelo Savino

Angelo Savino

Cozen O'Connor

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Gabelli v. SEC: The Supreme Court Limits the Statute of Limitations for SEC Actions

In a recent unanimous decision, the U.S. Supreme Court held that the Securities Exchange Commission (SEC) has five years from the date when an alleged fraud begins – not from the date when the SEC uncovers the fraud – to...more

3/20/2013 - Discovery Rule Gabelli v SEC SCOTUS SEC Securities Fraud Statute of Limitations

The Material Impact of the Amgen Decision on D&O Insurance

In Amgen, Inc. v. Connecticut Retirement Plans and Trust Funds, No. 11-1085 (Slip Op. Feb. 27, 2013), the U.S. Supreme Court, in a 6-3 majority opinion (Ginsburg, J.), affirmed the U.S. Court of Appeals for the 9th Circuit’s...more

3/8/2013 - Amgen Inc. v Connecticut Retirement Plans Class Action Class Certification D&O Insurance Fraud-on-the-Market Materiality Misrepresentation Pleading Standards SCOTUS Securities Fraud

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