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2nd Circ. Adds Depth To Morrison's Bright Line

By Stephanie Russell-Kraft (August 18, 2014, 7:57 PM EDT) -- The Second Circuit took the U.S. Supreme Court's Morrison v. National Australia Bank ruling into its own hands on Friday, boldly saying the bright-line test proposed by the high court in the 2010 landmark case should only be the first step in deciding whether certain securities claims should be subject to U.S. jurisdiction....

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