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Expert Analysis

Defending Securities Act Claims In Texas State Court: Part 3

By Thad Behrens, Daniel Gold and Matt McGee ( May 8, 2019, 3:38 PM EDT) -- The U.S. Supreme Court's ruling last year in Cyan Inc. v. Beaver County Employees Retirement Fund held that securities class action plaintiffs could pursue claims brought under the federal Securities Act of 1933 in state courts, and that the Securities Litigation Uniform Standards Act does not empower defendants to remove class actions alleging only 1933 Act claims from state to federal court....

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