Chamber Urges Justices To Weigh In On Calif. Securities Suits

By Martin O'Sullivan (June 30, 2016, 4:19 PM EDT) -- The U.S. Chamber of Commerce and two investment industry groups have urged the Supreme Court to review whether Cyan Inc. shareholders alleging initial public offering misrepresentations can bring claims in California state court, saying federal law bars such securities claims from the state level....

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