U.S. Supreme Court Interprets Statute of Limitations in Securities Fraud Ruling


The 2 year statute of limitations in a private securities fraud action begins to run when plaintiffs know or reasonably should know that fraud has occurred. Fraud in a typical securities case may involve an issuer of securities who makes false, misleading or incomplete statements about its business or prospects. To be successful, the plaintiff must show that the false or misleading statements or omissions were made with an intent to deceive or defraud - a state of mind technically referred to as scienter.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

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.

© Miller & Martin PLLC | Attorney Advertising

Written by:


Miller & Martin PLLC on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.