 Article
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Second Circuit Construes CAFA Jurisdiction Exception for State Securities Claims |
July 18, 2008
Previously published on May 2008
The Class Action Fairness Act ("CAFA") provides an exception to federal jurisdiction for class actions that solely involve claims "relating to the rights, duties (including fiduciary duties), and obligations relating to or created by or pursuant to any security."
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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