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7th Circuit Applies Supreme Court?s Decision in LaRue to Defined Contribution Overvalued Stock Lawsuit

By Suzanne Wynn

ERISA is a different statute, in a different title of the United States Code. Plaintiffs seek to use ERISA to recover for events that as a result of PSLRA could not support an action on behalf of shareholders at large. - Judge Easterbrook With the ink barely dry on the Supreme Court’s opinion in LaRue v. DeWolff, Boberg & Associates, the 7th Circuit has applied it in deciding Rogers v. Baxter International Inc., No. 06-3241 (CA7 April 2, 2008). In Rogers, the 7th Circuit affirms read more

Full post as published by Pension Protection Act Blog on April 07, 2008 (boomark / email).