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Supreme Court Rules That Antitrust Claims Relating To IPO Underwriting Conduct Are Precluded By The Securities Regulatory Regime

BY | July 2, 2007

This article is part of a Chronicle. See more from this Chronicle Payal Shah, Claire Webb, Alan Weinschel, Jun 29, 2007 In Credit Suisse Securities (USA) LLC v. Billing et…

This article is part of a Chronicle. See more from this Chronicle

Payal Shah, Claire Webb, Alan Weinschel, Jun 29, 2007

In Credit Suisse Securities (USA) LLC v. Billing et al., No. 05-1157, 2007 WL 1730141 (U.S., June 18, 2007), the Supreme Court limited the ability of plaintiffs to bring antitrust claims for conduct that is regulated under the securities laws. On June 18, 2007, the Court by a 7-1 vote (with Justice Kennedy not participating) reversed a Second Circuit Court of Appeals decision,

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