(Photo: Rebecca Breyer/ALM) 11th Circ.: No 'Magic Words' Needed for Securities Litigation Uniform Standards Act to Bar Class Action
The U.S. Court of Appeals for the Eleventh Circuit has dismissed a putative class action against the brokerage firm Hornor, Townsend & Kent, holding that, according to the "essence" of the complaint, it's barred by the Securities Litigation Uniform Standards Act.
June 01, 2022 at 06:26 PM
4 minute read
The U.S. Court of Appeals for the Eleventh Circuit has dismissed a putative class action against the brokerage firm Hornor, Townsend & Kent, holding that, according to the "essence" of the complaint, it's barred by the Securities Litigation Uniform Standards Act (SLUSA).
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