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: New York Supreme Court Criminal Term LibraryCourt Decision Reinforces Securities and Corporate Law Principles Regarding Antifraud
By David Badertscher, PLL
Source:Lexology, May 5, 2009l
Beck decision strongly reinforces securities and corporate law principles
DLA Piper
"In a season of significant corporate law decisions, the United States Court of Appeals for the Seventh Circuit recently issued an opinion that, while it broke no new ground, forcefully reaffirmed the important principles that the 'the antifraud provisions of federal securities laws are not a general charter of shareholder protection' and that state courts are the appropriate forum for deciding state law fiduciary duty claims."
Full post as published by New York Supreme Court Criminal Term Library on May 05, 2009 (boomark / email).
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