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9th Circ. Must Clarify Morrison's Scope, Calif. Judge Told

By Lisa Ryan (April 14, 2015, 7:14 PM EDT) -- A California federal judge was told Tuesday that the Ninth Circuit must decide if the U.S. Supreme Court's Morrison v. National Australia Bank decision allows U.S. securities laws to be applied to all foreign transactions if Motorcar Parts of America Inc.'s suit against a bankrupt Canadian subsidiary is to proceed....

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