Revisiting Affiliated Ute: Impact In The 7th Circ.

By Julie Goldsmith Reiser, Cohen Milstein Sellers & Toll PLLC ( May 22, 2017, 3:55 PM EDT) -- Last month marked 45 years since the U. S. Supreme Court's ruling in Affiliated Ute Citizens of Utah v. United States, which established a rebuttable presumption of reliance for securities fraud claims based on omissions of material fact. This Expert Analysis special series explores the decision's progeny in the Supreme Court and various circuits. . . .

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