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Supreme Court Affirms Dismissal of ‘Foreign-Cubed’ Case, Limiting Reach of U.S. Securities Laws

June 28, 2010 in Securities Regulation & Law Report · Leave a Comment 

Ruling in a so-called “foreign-cubed” case involving the application of the U.S. securities laws to foreign securities transactions, the U.S. Supreme Court June 24 affirmed the dismissal of would-be class securities fraud charges by…

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