Conflict Minerals Challenge To Follow Resource Extraction Case To District Court

As previously noted, the Court of Appeals for the District of Columbia recently dismissed a challenge to the SEC’s resource extraction rules for lack of jurisdiction.  The case was left to proceed pursuant to a previously filed action in the District Court for the District of Colombia. 

A similar challenge was also pending before the Court of Appeals related to the SEC’s conflict minerals rules.  After the ruling in the resource extraction case, the judge sua sponte cancelled oral argument in the conflicts minerals case.  The plaintiffs in the conflicts minerals case then made an unopposed motion to transfer the conflicts minerals case to the District Court.

Check dodd-frank.com frequently for updated information on the JOBS Act, the Dodd-Frank Act and other important securities law matters.

Topics:  Conflict Mineral Rules, Minerals, Resource Extraction, SEC

Published In: Civil Procedure Updates, Energy & Utilities Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Stinson Leonard Street - Dodd-Frank and the Jobs Act | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »