Supreme Court Remands First Republic Fraud Suit

By Liz McKenzie (May 3, 2010, 1:21 PM EDT) -- Citing its decision last week in Merck & Co. Inc. v. Reynolds, the U.S. Supreme Court has returned a case involving securities fraud allegations brought by an investor against First Republic Bank to the U.S. Court of Appeals for the Ninth Circuit to determine when exactly the plaintiff triggered the two-year statute of limitations for securities fraud cases....

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