Inside The 2nd Circ. Analysis Of Absolute Activist

Law360, New York (June 5, 2012, 2:30 PM EDT) -- Securities lawyers have long been troubled by the potential extraterritorial scope of U.S. securities laws. The extraterritorial reach of a fraud claim under section 10(b) of the Securities Exchange Act of 1934 has traditionally depended on what level of activity touches upon U.S. soil and U.S. citizenry....

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