Supreme Court Justices Hostile to ‘Foreign-Cubed’ Cases
March 30th, 2010
U.S. Supreme Court justices appeared hostile on Monday toward so-called “foreign-cubed” securities fraud class actions in which the plaintiffs and stock issuers are foreign and the alleged fraud took place on foreign soil. International companies and foreign governments including France, the United Kingdom and Australia filed briefs in the case arguing against jurisdiction in the U.S
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Supreme Court Justices Hostile to ‘Foreign-Cubed’ Cases
