Court Allows Claims Against Private-Equity Giant

Law360, New York (December 12, 2006, 12:00 AM EST) -- In a long-running Securities Litigation Uniform Standards Act dispute that has stumped a handful of federal and state judges, an appeals court has cleared the way for an asset management firm to move forward with its claims against Kohlberg Kravis Roberts & Co., one of the world’s largest private-equity firms.

On Monday, the U.S. Court of Appeals for the Eleventh Circuit vacated a district court’s denial of W.R. Huff Asset Management Co.’s request to leave in order to file a fourth amended complaint against Kohlberg, and...
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