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Securities Litigation: Updates on Developments Post-Morrison

Length: 2 hours

In Morrison v. National Australia Bank, the Supreme Court held that Section 10(b) of the Securities Exchange Act of 1934 only applies to “transactions in securities listed on domestic exchanges and domestic transactions in other securities.”  In announcing its ruling, the Supreme Court overturned the “conduct” and “effects” tests, which had been standing precedent for over 40 years, leaving many questions unanswered.  Since Morrison, federal courts have been grappling with how to interpret this groundbreaking holding.  This program will address how Morrison has and will continue to alter the landscape for securities litigation in federal courts.  A panel of experienced practitioners and academics will discuss the practical effect, implications and trends arising out of the Morrison decision.

Program Chair: STEVEN R. PARADISE, Vinson & Elkins LLP

Faculty: PROFESSOR MERRITT B. FOX, Michael E. Patterson Professor of Law, Columbia University; BRIAN P. MURRAY, Glancy Binkow & Goldberg LLP; GREGG L. WEINER, Fried, Frank, Harris, Shriver & Jacobson LLP

CLE credit: 2.0 professional practice.

Original Recording Date: 5/2/2013

Produced By:

New York City Bar Association

Course Materials

  • Securities Litigation: Updates on Developments Post-Morrison
  • Affirmation Document