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Retirement Plan › Supreme Court of the United States › Statute of Repose

Foley & Lardner LLP

Supreme Court Rejects Tolling Argument for Nonnamed Class Members’ Section 11 Claims

Foley & Lardner LLP on

On June 26, 2017, the Supreme Court issued a 5-4 decision in California Public Employees’ Retirement System v. ANZ Securities, Inc., et al. (No. 16-373), holding that tolling does not apply, when a class action is pending, to...more

Skadden, Arps, Slate, Meagher & Flom LLP

Supreme Court Rules That Equitable Tolling Does Not Apply to Section 13 of the Securities Act

Skadden, Arps, Slate, Meagher & Flom LLP on

In one of the first cases argued before new Justice Neil Gorsuch, the Supreme Court in California Public Employees’ Retirement System v. ANZ Securities, Inc. (CalPERS), No. 16-373, slip op. at 16-17 (June 26, 2017), decided...more

Mintz - Securities Litigation Viewpoints

Briefs Filed in CalPERS v. ANZ Securities

Mintz - Securities Litigation Viewpoints on

On February 27, 2017, the California Public Employees’ Retirement System (“CalPERS”) filed its brief with the Supreme Court, requesting that the Court reverse the decision of the Second Circuit and abrogate the Second...more

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